Ann: Suspension from Official Quotation, page-28

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BobbyKennedy

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30/04/20

14:41

Post #: 44355544
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Originally posted by troyus ↑

248k on most of which are unsealed and some of which are goat tracks is not nothing though once they put in the haulage rd, it will be no doubt be an improvement ! Haulage along with haulage roads won’t be zero cost and that will be important in the initial phases where they are hauling ore elsewhere for treatment, that all comes off the bottom line. The current oil prices will be a boon but how long that lasts and if they are mining while they are still low is not a given. It will be interesting to see their forecast AISC which obviously being a PFS will be best case scenario. Yes, there is some plant that I am aware of but it is dated and must need refurbishment and is only for small to skeleton crews .. Tailings dam in place from memory is not a bad thing though. The previous owners abandoned it because it was uneconomic. Alt has to show that it is worthwhile and the only way to do that is for more ounces and lowest possible ASIC imo. As I have said they are on the right “track” as is the POG but they aren’t out of the woods by a long shot. We await the lauded PFS and upgraded resource statement to bring some more clarity with baited breath!

come on what’s the CR price you must know?

T

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Mate, you’re still not getting it.

The long haulage is for Tim’s Find campaign mining programme only (could be as low at 80kt ore in total). The PFS is to build our own 750ktpa plant at Bottle Creek. There will be virtually no haulage in the PFS.

You claim to be a SH but you have zero understanding out the company’s plans.

Last edited by BobbyKennedy: 30/04/20

ARS Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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Ann: Suspension from Official Quotation, page-28

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