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VAU is expanding the KOTH mill to 6Mtpa with provision to go to...

  1. RooBendigo
    987 Posts.
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    19/12/24
    15:00
    Post #: 77125589
    VAU is expanding the KOTH mill to 6Mtpa with provision to go to 7Mtpa.

    The announcement describes the current operation as "mill constrained", and refers in a heading, but not the text to "unlocking the district". The new crushing circuit will be configured for feeding direct from road trains.

    This seems to put VAU in a position to buy additional feed such as Mertondale from PTN.

    If they do sell Mertondale it would good to see PTN do something with the money other than shore up cash poor Delphi investments ....

    https://app.sharelinktechnologies.com/announcement/asx/16bd81fac5729f7ace50cc53646f1659
    PTN Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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