It's going to be interesting to see what comes out of the appraisal work currently being undertaken by Rio Tinto for the project development @ Calibre. I've brought up the Capricorn Metals comparisons a few times, but they have a resource less than the resource @ Calibre & no copper also, but Capricorn Metals is deservedly climbing towards a $1 billion MC
Calibre/Magnum continues to grow in size and resource, and will more than likely be bigger than Capricorn Metals flagship deposit. If RIO pulls the trigger on Calibre/Magnum as a standalone project, and the price of gold increases in value, I wonder if our 35% cut from annual gold & copper production could pay for the Minyari Project in a short period of time?
AZY Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
(20min delay)