AGM australian governance & ethical index fund

agm is in the fortunate position to be able to double production...

  1. 5,048 Posts.
    agm is in the fortunate position to be able to double production to near 18,000tpa without having to locate a second discovery, carry out a bfs, finance it and develop it.

    much has been said about management but very little credit has been given to them for having the foresight to build a mill which has the capacity to double production by incorporating a second grinder.

    doubleing production will reduce the production cost per lb of nickel and increase profit by 150%. economy of scale is a beautiful thing.

    cheers

 
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