AZS azure minerals limited

Banter and general comments, page-1832

  1. 6,859 Posts.
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    There is a lot to building a highly profitable mine than just a big high grade resource - it’s a shame AZS posters only seem focused on size of the resource.

    If the DMS recoveries are good the SP should go up as it will mean lower Cap Ex and lower operational expenses = better financial outcomes.

    There is no point in having a monster resource if recoveries are only 40% like CHN had with nickel - low recoveries can result in a good resource having poor financials.

    There are also other important issues (eg strip ratio, open cut vs underground mining, etc) that impact the financials.

 
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