Capex to construct a trench network is small. The only issue would be if there wasn't enough surface area to work with. These guys have been spot on with their S-Study assumptions.
As Argonaut say in their note: "In our view Lake Mackay is Australia’s lowest risk project. It is more than 3 times the size of the next biggest Australian peer, allowing AMN to extract brine solely from near surface via lower-risk trenching, and providing flexibility for the ponds. Its numbers consistently appear conservative in relation to peers."
Capex to construct a trench network is small. The only issue...
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $60.70M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.5¢ | $4.941K | 35.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 74741 | 2 |
View Market Depth
| Last trade - 13.05pm 26/11/2024 (20 minute delay) ? |
| AMN (ASX) Chart |
