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Ann: Citadel Project Exploration Results, page-45

  1. 1,941 Posts.
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    An interesting comparison for the Citadel JV would be metres drilled and for what cost versus Minyari .

    Minyari area close to 53,000 metres of drilling. done with nimbleness of an explorer watching every penny but with a keen eye on the ultimate prize a standalone mine .

    Citadel JV appearing glacial by comparison and AZY having now handed the exploration reigns to RIO in effect becoming a bystander to what course this Behemoth takes . Call me a cynic but why not a couple of really deep holes into the sweet spots at Calibre .. no urgency , No information flow it seems ..
    March until December really mmm . Does the lack of sizzle invite us to dilute .. are we getting bang for our contributing $$$ . lots of unanswered questions . I imagine we have to decide whether we contribute $3.5 mill by March next yr .. what if RIO up the exploration spend .
    Thanks Salpetie
 
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