Yeah it seems the issue was always about securing supply rather than the price of the water.
The grid power (given relatively large mill) and local workforce will be a major help.
This is going to be a big operation. I don't think the market has fully appreciated it yet. The scale is equivalent to DCN's Mt Morgan project at 200koz for ~10 years (including some production for recently acquired deposits nearby).
Should see analysts start to build it into their models now and might see some broker upgrades.
Ann: Update on McPhillamys Gold Project, page-4
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Last
$2.56 |
Change
-0.030(1.16%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.60 | $2.54 | $4.403M | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 94933 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 35564 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
