APC 0.00% 0.1¢ australian potash limited

I am looking at the capex thinking it isn't anything special. I...

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. 3,933 Posts.
    lightbulb Created with Sketch. 46
    I am looking at the capex thinking it isn't anything special.
    I think using the word bonus is stretching it a bit. The MOP conversion allows them to milk a bit more out of their brine but the downside is increased opex.
    If the capex had been around 200-250 I think we could have looked at the MOP conversion as turbo charging and think it is great but in a peer-peer comparison it highlights some downside. Of course it is still a profitable outcome and at the end of the day that is what a project should be.
 
watchlist Created with Sketch. Add APC (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $4.070M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $1.12K 1.12M
APC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.