re: africa downunder presentation released Tas's point has and always will been an issue.Avl's Dikulushi proved that one with head grades not coming up to expectation early in the piece.This cannot be denied when you only have indicated drilling.
It will only be truly proven once they start pulling the stuff out of the ground and assaying.HOWEVER that being said the margins of the project even at $1,800/t are prety damned good and even if they do drop head grade by a few percent imho its not going to hurt this project as much as it hurt Avl's Dikulushi.Once again this assertion will only be proven with production.
Just one other thing.
An exceptionally interesting time for them to release such info with zinc pushing its previous record.
With this ALL eyes will be on producers and POTENTIAL producers and I do believe that POTENTIAL is rapidly approaching reality.
Not quite yet though.
d.
miningreview.aim item, page-8
Add AIM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
84.5¢ |
Change
0.050(6.29%) |
Mkt cap ! $176.4M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 85.0¢ | 78.0¢ | $466.0K | 570.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 45985 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AIM (ASX) Chart |