AZY 0.00% 1.2¢ antipa minerals limited

Ann: Further Outstanding High-Grade Gold Results at Minyari, page-13

  1. 1,601 Posts.
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    Maybe the problem is the market see them as just drillers. Certainly this Ann and previous ones are heavily focused on drilling.
    there’s only one small comment in point 4 on the last page:
    ”Provide the basis for project development studies”.
    easily missed.
    I’ve seen some decent resources similar to this, over the years, get ignored too, as they were just “drillers”, with little or no interest in actually developing a mine. Hope these guys aren’t like that.

    I realise 723,000 isn’t big. They probably need well over 1m Oz, but I would expect all these results to get us there; certainly on a gold equivalent basis. The geos would know better, but on a $ value, the Cu adds about 20%.

    so bottom drawer is indeed the place for these for now, although I’ll keep an eye on what management do & say. Others lay out a general route to production at this stage or earlier. It would help if they advise what they intend to do and when.

    cheers,

    ned.

 
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