1MC 3.33% 2.9¢ morella corporation limited

Revised Beer & Co Valuation, page-9

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    Commissioning late 2017; Product early 2018 All plant items have been built; most are on site with the last expected in early October. Site development has been progressed to be able to install the plant and commission. Commissioning is expected in late 2017.
    AJM expects first product in early 2018. This time allows for delays, as may arise during the cyclone season. Continued benign conditions will see product earlier.
    Scoping study to 450kt/yr ‐ MORE than DOUBLES our valuation

    http://alturamining.com/wp-content/uploads/2017/09/AlturaMining_2017Sept28.pdf
 
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