AIS 6.52% 24.5¢ aeris resources limited

Ann: AERIS REPORTS HALF YEAR NET PROFIT OF $45.9M, page-352

  1. 6,273 Posts.
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    I've addressed the Cracow LOM here Post #: 50358356 The mill feed is there beyond 2 years as the ore is open at depths, the problem is that the Cracow mineralisation is too fragmented and variable for it to be cost effective to JORC further out than 2 years worth of production. It's had two years worth of LOM for the last 10 years for that very reason.

    As for our Cobar Asset, 250k tons Cu might not seem like much but its a good start. Yes I agree a lot hinges on Constellation/Anomaly K but its a big area and is the right place to be finding more. Do the count on the many listed and unlisted mines/miners in the area. There is a reason why there are so many around Cobar. Much like there are so many in Kalgoorlie, Pilbara, Cadia/Cowal etc... As the old saying goes. Where do you find the new mine? Right next to the old one. It's there somewhere. We found the beginnings of it with the Anomaly K strike lets ge that JORC then rinse repeat...
 
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