Not particularly, just did a thorough DD before taking MDL's last placement, which did involve meeting the key people thru their business plan.
The key is incremental supply off an ultra low CapEx & OpEx at each point of the supply chain with quite a clever beneficiation process that should yield multiple by-product and minimal waste.
They are not dependent on achieving scale to support a massive CapEx, 4/5 other groups are working up similar business plans, some just to feed the Dragon, but MDL the most complete and advanced ATM.
Will be surprised to see any of the mega CapEx hard rocks like ARU ever get funded beyond low value concentrate feed to the Dragon, if at all.
Another Proactive interview, page-4
-
- There are more pages in this discussion • 23 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 ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $364.4K | 2.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 92 | 3938185 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 951283 | 16 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |
