AMN 7.41% 14.5¢ agrimin limited

Can’t help but notice the LINED ponds on page 12 and more...

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  1. 329 Posts.
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    Can’t help but notice the LINED ponds on page 12
    and more importantly the unlined pond next to it
    the empty unlined pond !!
    one can only assume the unlined pond has failed
    also gone is the narrative of searching the world for lakes suitable for unlined ponds
    There will be massive Capex blow outs in the DFS
    due to the low grade and remoteness of this project

    No Reserve to support the LOM
    you will see these guys exit MCKay and head to percival
    before merging with RWD IMO
 
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