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Ann: Exceptionally Strong Scoping Study Findings, page-23

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Bennybop

4,142 Posts.

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23/03/17

11:22

Post #: 23568318
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Originally posted by john435 ↑

Given that SO4's location is even more remote than APC and that they are talking about a much larger extraction area then the cost of powering their pumps has to be higher than APC .I cannot see how their power figures could be anything like $15 especially when all the other potential producers are coming up with figures remarkably similar .No one minds a "gifthorse" but one always needs to check the teeth. I think APC and their consultants will have checked and double checked their figures and have probably erred on the side of being conservative

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Yeah APC have been very transparent and conservative, so i would trust there figures, but either way the market seems spooked :/

APC Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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