III 0.00% 10.0¢ icon resources ltd

interesting to see vml comment on watershed in quarterly. their...

  1. 164 Posts.
    interesting to see vml comment on watershed in quarterly.
    their feasibility study used 0.65 USD/AUD.
    and predominantly USD $215 mtu APT.
    capex AUD69.1M (incl. 12M working capital)
    looks like that is on hold.

    very different scenario to Mt C., IMO (ML, pre-strip etc.)
    I reckon Mt C still a goer at 0.8 USD/AUD and USD $175/mtu

    would rate watershed a nice target down the track though, especially if Mt C gets up and going.




 
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