AZY 2.08% 2.4¢ antipa minerals limited

Ann: RIO: Rio Tinto reveals maiden Resource at Winu and new disc, page-36

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  1. 1,744 Posts.
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    Then why would RIO be spending $millions drilling Calibre 24/7 @moment, if they already know it's a gold dominant deposit? You think they're wasting time & money for nothing?
    Of course gold's it's in it's development strategy

    Calibre will be profitable & it will be mined, that's a certainty. And Calibre is only 1 of numerous deposits on JV ground

    The delays that RIO have projected on their Mongolian copper/gold project sh#t show, they won't turn a profit until around Y2035. With their Paterson plans for a Pilbara Iron Ore-like large scale operation of copper/gold, they'll turnover massive profits in a short time, and grades won't be the dominant factor
 
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