For me, the key in this announcement is the following line:
“Importantly, it also highlights that Talang Santo’s true value can be unlocked by implementing some relatively standard Australian operating practices”.
That to me suggests that the water issue can be solved at a cost that makes economic sense. An alternative outcome of this review could have been Mining Plus saying “Yes, the orebody is great, but it will cost you so much to get access to it that you may as well leave it until the POG is substantially higher”. The fear of such an outcome may be what pushed the SP to below cap raising levels over the past few days.
IMHO+DYOR
- Forums
- ASX - By Stock
- KRM
- Ann: Independent Review Highlights High Potential of Talang Santo-KRM.AX
Ann: Independent Review Highlights High Potential of Talang Santo-KRM.AX, page-5
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KRM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $26.37M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.4¢ | $16.08K | 472.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 144683 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 157003 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 172188 | 0.050 |
2 | 577777 | 0.045 |
1 | 50000 | 0.044 |
1 | 100000 | 0.041 |
1 | 625000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 58535 | 1 |
0.052 | 55000 | 1 |
0.054 | 305000 | 2 |
0.055 | 220000 | 2 |
0.058 | 85800 | 1 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
KRM (ASX) Chart |