ann: quarterly activities report out, page-33

  1. 15,826 Posts.
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    "the Andean deposit location was better for frequency of truly world class deposits) that would struggle to repeat if it happened now."

    Right now ABU's OP is world class in every way except size.

    FMX, I have not said I am looking for a 100 bagger in ABU.
    I was not making a comparison on potential upside.
    The question I was answering was "is the market wrong"
    The Andean example was to show how massively wrong the market can be.
    I am now looking for upside to around 20c on ABU.
    I see potential for better if OP extensions under cover to the north live up to the 2km potential that exists, or if Buccaneer can be exploited to extend mine life as envisaged.

    I am valuing ABU on its own resources, not those of Andean.
    BTW with Andean I was only looking for a 10 bagger not 100.
    Better results out of the other veins, including silver credits and a higher POG made the difference.
 
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