The almost $2B CAPEX is spooking a few people. CLQ will get it away because Friedland, but all these other laterite HPAL hopefuls pretending they can do the same (with ludicrously lower CAPEX estimates mind you) are kidding themselves...especially when they are SO far behind.
JRV lower capex heap leach approach much more realistic...and much quicker. Smaller production obviously (at least initially, heap leach can be scaled up), but at still sub $100m market cap its highly undervalued.
Cdchi1
Ann: Sale of Flemington and Nyngan Royalties for US$4.5m, page-30
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $11.76K | 1.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 357346 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4465861 | 12 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| JRV (ASX) Chart |
