Legendary and Pete,
Appreciate your comments but a couple of things.
1. The change in tax laws means now that prestripping can't be capitalised. As such it becomes a straight operational cost.
2. Add the 50m pre-strip to the sustainance and maintenance and you get at least 100m cash outflow here.
I acknowledge that its one (if not the best value I/O play but just want to make sure that peoples expectations of increasing cash at bank to match their market cap is not going to happen.
cheers
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35.0¢ |
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 28415 | 0.350 |
6 | 42782 | 0.345 |
11 | 296650 | 0.340 |
10 | 215253 | 0.335 |
5 | 118270 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 169803 | 13 |
0.360 | 125330 | 5 |
0.365 | 144000 | 3 |
0.370 | 2011 | 2 |
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