but you also have electric bills going up, and up because of lack of base load supply, and the additional infrastructure wiring costs to connect the solar and wind farms, passed on to consumers in their bill. Which will encourage more to add the roof top solar, plus battery, increasing home battery demand.Perhaps a near surface high grade deposit , DMS, with a large chunk of the capital already place is what makes the economics of WR1 - Adina - Renard the king.
Good Economics requires near surface, good grades, low strip ratio, DMS, all the cost savers on the tonnage.
Add then access to Quebec hydro. While Renard has its own gas power station, enabling immediate access to power, cheaper Hydro power was still a future possibility.
Having the capital largely in place, means that the banking decision, the finance is only looking at a smaller amount to repay. If there is a share of debt / equity on approx 200m capex remaining, a bank finance of say 100m ? Is far more reachable than the 1b than many others face. Final financial decision to mine looks at all these things.
It all comes down to, is anyone, shareholders or bankers going to lend you the money and view a payback period acceptable. And then when the capex is repaid, its gravy time.
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-31473
-
- There are more pages in this discussion • 1,779 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 WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
-0.020(3.81%) |
Mkt cap ! $111.8M |
Open | High | Low | Value | Volume |
51.5¢ | 52.0¢ | 49.0¢ | $511.5K | 1.015M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 16174 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 0.500 |
1 | 7908 | 0.495 |
8 | 34883 | 0.490 |
7 | 67322 | 0.485 |
7 | 51579 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 16174 | 1 |
0.520 | 59288 | 4 |
0.525 | 45775 | 3 |
0.540 | 5000 | 1 |
0.555 | 10000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |