AMN 7.41% 14.5¢ agrimin limited

RWD maxed out trench length on its little lake and then was...

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. 258 Posts.
    lightbulb Created with Sketch. 19
    RWD maxed out trench length on its little lake and then was forced to back-solve for flow rates.

    AMN instead went the other way conservative flow rates and then mapped out a required trench length.

    Fortunately for you RWD's project doesn't justify investment (14% IRR) so grossly over-estimating flows won't be the roadblock - it will simply never be developed.

    It would have been easy for AMN to underestimate trench length and overestimate flows as is the case at RWD, but I'm glad AMN has used realistic but justifiable assumptions.
 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.