Thanks for the analysis DB. I agree with you this thing has the potential to generate some strong cash flow if they can get it up and running.My only comment on your numbers is they are just operating rates. I assume there would also be a large establishment cost with setting up an underground operation before you take your first tone of ore.I also agree it would be good if they could fund this with debt rather than raising capital at a depressed price. This is likely to be difficult in the current environment though and the terms may not be favorable.
- Forums
- ASX - By Stock
- The rise and rise of Ausmex
Thanks for the analysis DB. I agree with you this thing has the...
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TBA (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.12M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
TBA (ASX) Chart |
Day chart unavailable