AUZ australian mines limited

Ann: Annual Report to shareholders, page-29

  1. pc3
    2,326 Posts.
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    Have you actually read any of the announcements.........or is this another simple Simon downramp ?

    Binding term sheet with SK 7+6 yrs

    Sconi JORC as it stands now has a LOM of 20 years with the tonnage they are looking to mine.

    From AUZ's website (didn't have to look that hard).
    Our flagship Sconi Project is one of very few large ore bodies of its type in Australia and is also considered the most advanced towards production.
    All relevant mining and environmental licences are in place for development of a mining and processing operation at Sconi, located in the historic and well-supported mining centre of Greenvale in Queensland.
    The Pre-Feasibility Study for Sconi was based on throughput estimated to deliver an annual average production of 3,010 tonnes of cobalt sulphate, 24,420 tonnes of nickel sulphate and 77 tonnes of scandium oxide for at least the first 20 years, with average feed grades being 0.11% cobalt, 0.81% nickel and 109 g/t scandium
    Last edited by pc3: 19/10/18
 
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