A40 alita resources limited

Ann: New Exploration Target Identified at Bald Hill, page-22

  1. 19,376 Posts.
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    Hi Uni, I agree with you on life of mine being a critical issue. I remember awhile back when I suggested the then proposed second DMS circuit should be put on hold until the resource supported it. From memory some had us running two DMS circuits and a fines circuit and a resulting mine life of 3 years. Funny, I copped a lot of abuse for suggesting that the 2nd DMS would be put on hold and they would concentrate on the fines circuit upgrades, but in the end that's exactly what's happened.

    Anyways, regardless of whether the LOM is an issue for a corporate play or not, increasing the resource/reserve may eventually bring the second DMS back into play.

    And then A40 will be a cash cow in my very humble opinion.

    All the best to all who held strong.
 
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