A second-hand mill would likely be the only feasible option. To build out everything brand new would be $100's of millions. A lot of big copper mines have processing infrastructure that has cost around a billion, making payback decades away.
Careful financial structuring will allow for annual profit, like any business loan really, and a favourable tax system in the USA would be advantageous.
We need at least a decade of moderate production rates to make this viable. Are we close? The MRE will inform us within the next couple of months. Fingers and toes crossed.
A second-hand mill would likely be the only feasible option. To...
Add EM2 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.0¢ |
Change
0.001(1.69%) |
Mkt cap ! $23.57M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.0¢ | 5.8¢ | $53.80K | 910.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 66766 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 27255 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
6.0¢ |
Change
0.001 ( 1.69 %) |
||||
| Open | High | Low | Volume | ||
| 5.9¢ | 6.0¢ | 5.8¢ | 320923 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| EM2 (ASX) Chart |