AZY 9.09% 1.2¢ antipa minerals limited

Ann: Minyari Dome Project Gold Resource Increases 250% to 1.8 Moz, page-80

  1. 1,601 Posts.
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    Morning all.

    green day in the market and we’re still struggling to get above 5c. Pretty much the unusual for AZY.

    as I’ve said before I think the main problem is they are a long way from production as in years. Scoping, pfs, bfs, build etc.
    I think it’s a no brainer they do a quick scoping on open cut for toll treating, but importantly announce funds from that will be used for an aggressive deep drill program to discover just what we have down there. Plus funds for pfs, bfs and building the plant. We have plenty already to do toll treating for the 3+ years it would take to get into our own production. With aggressive deep drilling and also into those other prospects, we could indeed end up as the next Havieron. But we already have a LOT of gold.
    and during those 3 years our 3 JV’s could also be significantly adding to our resources.
    cheers,
    ned.
 
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