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.
Yeah it seems the issue was always about securing supply rather...
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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 |
