A-Cap needs P1.6 to proceed to uranium mining
Friday, October 16, 2009
In the company's annual report for the period ended June 30 2009, Chairman Pat Volpe says the company, which is also listed on the Australian Stock Exchange, will require US$179 million(+/-30percent) to advance to mining.
This translates to between P875 million to P1.625 billion. The project is currently at a Bankable Feasibility Study (BFS) phase.
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