In an announcement about the damages claim on 20 Jan 21, AAU said:
"The Mining Advisor to the Dominican President has indicated that he would prefer that Antilles Gold partner with Government owned Rosario Dominicana SA in any prospective development of a new Albion/CIL plant at Las Lagunas, on a 60:40 contributing basis. Rosario Dominicana owns the Las Lagunas dam which has the capacity to store tailings from a 100,000tpa processing plant for over 20 years."
If it could happen, there may be enough start-up and operational savings with this approach to offset the cost of shipping concentrate, depending also on the success of the damages claim.
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- Ann: December 2021 Quarterly Activities and Cashflow Report
Ann: December 2021 Quarterly Activities and Cashflow Report, page-28
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