Yes agree.
If you wanted to generate the same output as AVL you would have to dig out over 3Mt a year. Not sure about strip ratios but thats a lot of earth movement. Higher opex.
Means you have to put more material through the front end. Higher opex.
Means you need a much larger plant for stage 1 processing. Higher capex.
But the reality is at the end of the day anyone who thinks something like LTR can get funded and be economical should rationally think AVL/TMT are foregone conclusions.
Who wants to put up say 700-800m capex for $5-6 opex when you can put up half that for $4 opex as a hypothetical?
Yes agree. If you wanted to generate the same output as AVL you...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $129.4M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $149.1K | 11.47M |
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| No. | Vol. | Price($) |
|---|---|---|
| 73 | 30184472 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 8382220 | 18 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AVL (ASX) Chart |
