Excellent point, I had not thought of it that way. I've always thought one of the greatest risks for a mining company with money is a value destructive acquisition. That being said, I have been combing through old projects trying to find similar projects to ED, ones with permitting completed feasibility studies done, near existing infrastructure and plvhcc/hcc/shcc . There certainly aren't many, the closest I've found was another couple old aquila assets, belvedre and washpool. Belvedre seems the best bet in a lit of ways but monster Capex spend required.
SMR Capex to OCF, page-7
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Last
$3.07 |
Change
0.060(1.99%) |
Mkt cap ! $2.749B | |||
| Open | High | Low | Value | Volume |
| $2.97 | $3.09 | $2.95 | $2.807M | 922.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 6391 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 9027 | 31 |
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| Last trade - 15.35pm 02/09/2024 (20 minute delay) ? |
| SMR (ASX) Chart |