AUK 9.09% 0.5¢ aumake limited.

Depends on the throughput - to get through 90Mt over say 20...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,955 Posts.
    lightbulb Created with Sketch. 20
    Depends on the throughput - to get through 90Mt over say 20 years would be 4.5Mtpa and yep that would need BIG dollars.
    8Mt over 10 years is a different story - but the economies of scale would be reduced at such low throughput.
    Hard to know what the Indonesian "discount" for capex/opex is but I suppose some other examples might be around.
    AVB (Brazil) I think had around $50M for a 400ktpa floatation plant, but they are basically a copper mine. This would be a gold mine with copper by product.
    Would be nice if AUK can get over 100M at a better grade than they currently have.
 
watchlist Created with Sketch. Add AUK (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
-0.001(9.09%)
Mkt cap ! $11.56M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $4.9K 900.0K

Buyers (Bids)

No. Vol. Price($)
24 15959052 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2338895 5
Last trade - 15.31pm 22/11/2024 (20 minute delay) ?
AUK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.