Today I spoke with someone who's worked on the Winu Project for the last 1-2 years. They said that at the moment it's not actively in full-scale development, and that they're only doing hydro drilling. Also said it was 200 person camp, but down to 50 people currently, said they were working for Rio Tinto Copper, but moved to iron ore division.
They gave no precise timelines, but it's April now, so I wouldn't be surprised if they start manning-up for the drilling field season
Rio Tinto are still going through Winu development with the traditional owners, so that would be part of the delay. But the biggest factor would be the SEVERE shortage in skilled labour needed to construct the project, especially for the logistics of the very remote area in the Paterson. The Winu workers fly to Port Hedland and drive all the way to Winu, so they'd need to build a proper runway before any real progress
I've been very busy with FIFO work, so it's a bit of a coincidence that the only couple of free days I've had in Perth, last week and today, that I met and talked with people familiar with exploration in the Paterson Province
- Forums
- ASX - By Stock
- AZY
- Surrounding activities
Surrounding activities, page-24
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZY (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $57.22M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $12.18K | 1.079M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 5886266 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 3648591 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 5886266 | 0.011 |
40 | 15569987 | 0.010 |
27 | 9819378 | 0.009 |
12 | 5363090 | 0.008 |
6 | 2194000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 3648591 | 10 |
0.013 | 8684497 | 10 |
0.014 | 4760500 | 11 |
0.015 | 3435848 | 6 |
0.016 | 4364631 | 9 |
Last trade - 14.34pm 26/08/2024 (20 minute delay) ? |
Featured News
AZY (ASX) Chart |