TSXV:AAA.P - Post by User
Comment by
sbergieon Oct 19, 2012 1:17pm
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Post# 20503590
RE: BNN
RE: BNN
https://watch.bnn.ca/commodities/october-2012/commodities-october-19-2012/#clip787745
BNN
10/19/2012 12:27:51 PM | | 45 reads | Post #31677514
Just listened to an interview with Andrew Bell and a spokesperson from Verde. Very similar to AAA with respect to shallow deposit, mineable grades, low capex, etc. He also emphasized the cost prohibitive nature of shipping from Sask $180/ton and because of time and distance the inferior product that eventually arrives at port, articulating the advanantage that Verde has geograhically. They anticipate full production 3 mil/tons by 2019 and after meeting Brazils needs they will look for local markets. Ithink i also saw NPV of $2.4 bil from 71 mil tons. Dont quote me on this, i am sure there will be a replay on the wknd.
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31677514&l=0&r=0&s=AAA&t=LIST#IUXwhETIlhEWMsmB.99