AAJ 13.3% 1.3¢ aruma resources limited

Ann: Drilling Continues to Expand System at Slate Dam, page-42

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  1. 511 Posts.
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    Sorry you sold at a loss.   

    You cant compare to other mines IMO, you need to work out actual cost estimates based on many complex factors.  I am not trying to put a spin on anything, it is what it is.

    The tonnage at slate is very large already and just keeps increasing.  I have no doubt we will locate higher grading ore but it is not required in this model for success, shallow tonnage is and that's what we have.  

    People can panic as much as they want, I cant help people with emotions, but they seem to be overlooking the fact that discussions are taking place with processing plants to get mining.  This is stated in an a recent announcement.

    Why would they be in discussions to mine if they don't have the grades? Trojans grades are not that high unsurprisingly but still potentially worth mining.  Location Location Location
 
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