AGR
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2.56% 4.0¢ aguia resources limited

Ann: Infill drilling confirms Tres Estradas mineralisation, page-5

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  1. NoPunditHere
    289 Posts.
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    15/12/16
    10:18
    Post #: 21354002
    Is the project viable at current Phosphate Concentrate (Phosrock) prices?

    The economic assessment assumes US$210 for the life of the project. Prices are currently half this is my understanding. Look at the cash flow statement in the PEA and reduce operating income by 50% and the project is not attractive.
    AGR Price at posting: 8.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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