The plant is only running half capacity because they cant produce enough to run it any more. The shaft is a major problem at MS. So they definitely need another ore source from elsewhere to stay solvent.
Does RoD carry enough grade to save the show? If they procure A1 how quickly can they get meaningful amounts to the mill? It all costs and will the oily rag lose its smell beforeit can all be pulled together?
On A1 I always though its ore needed cip processing. Historically the A1 tailings dam failed and flooded the river with arsenic if I remember correctly. So what % recoveries could you expect from the MS plant?
Can McNallys keep returning enough grade to get them through? It seems to me they need to raise a lot of cash and the delutionary effect will devestate long term holders.
Dzspence, this is to balance your post which ignores so many of the looming issues AUL face that go to its very survival!
AUL Price at posting:
0.3¢ Sentiment: None Disclosure: Held
