Australia's largest stock trading and investment forum Australia's #1 stock forum

AMN

Click for more information

7.41%

14.5¢ agrimin limited

yes no question Agrimin were waiting for Reward to release their...

First 71 Last

Share
Profile

Follow
Panda7

7,743 Posts.

59

08/05/18

12:57

Post #: 32953696
Share

Originally posted by sevo ↑

These guys have claimed to have de-risked this project at numerous steps only to change what they considered de-risk.
Harvesting is case in point. Dry harvesting was de-risk and conventional. Then we had the logistics study which up until a few weeks ago was road/rail, which was loved by the analysts because of the cost advantage over road. And now you have nearly 600km of dirt.
The discussion we are having is warranted because these guys have talked themselves up or at least given that image, telling us that Euroz is on standby to pony up the capital. Now they have now delivered a PFS that is respectable but has blown out significantly, all on the back of a massive MC premium.
Based on their rate of spend they may well need to do another cap raise to complete the DFS.
I'm expecting the usual AMN style presentation imminently. The signature output increase was no doubt intentional and might have been tweaked after RWD delivered its own PFS just so AMN could claim the title of biggest and best.

Expand

yes no question Agrimin were waiting for Reward to release their PFS imo...

AMN Price at posting: 91.5¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

NWH

"A punch in the face": HotCopper users unhappy with NOVONIX's 60cps raise

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 94 more messages in this thread...

First 71 Last

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($)
2	21467	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.5¢	51310	1

View Market Depth

No.	Vol.	Price($)
1	5555	0.180
1	30979	0.175
5	69411	0.170
2	106061	0.165
2	18611	0.160

Price($)	Vol.	No.
0.190	10525	1
0.195	28699	1
0.200	10206	2
0.205	15888	2
0.210	8238	1

Last trade - 13.05pm 26/11/2024 (20 minute delay)

AMN (ASX) Chart