If there was anyone silly enough mayve out of Asia then it...

If there was anyone silly enough mayve out of Asia then it
wouldn't be for more than $10 an ounce.

billyblink
O/p failed Yes! , but it had a recovered gold average grade of 5.9g p/t,
there are many miners that would be envious of a gold recovery of
this magnitude, the fact that ABU's previous mine plan didn't work
is largely due to the wrong economy of scale being use, from dilution
at extraction through to contacted haulage, lease costings & gold
processing plant being use at grossly under capacity almost every
Metrix used was blown out, as well as millions being spent on site
works & process plant refurbishments before commissioning even
took place, did you know that 24 hr mining only took place shortly
before wind up.
So billy because ABU's previous BOD & management stuffed it up
it does not mean other professional miners will.
Further its not just about O/P-Buccaneer is a bulk tonnage deposit,
& its been established that mineralisation can be recovered at a high
rate of recovery by heap leaching-do you understand what that means billy?

Its yet to be established as to what potential bidders will or won't pay.

Why don't you call the company Billy & inform them there was no point
in setting up the data room, & further that no one is interested ?
Because that's not the vibe from the AGM !

Can you give example to quantify why you believe you would
have to be silly & from Asia to pay more than $10 oz.

Also as O/P was very complicated & you seem to know so much, can you
give further example to substantiate the opinions you have, as almost all
posters give reference or reasoning along with there posted views,
something your posts seem to be void of ?

By the way there are many well informed, astute Asians in the Gold
mining industry whom would take offence to your comment.
IMO-salt