IMA 0.68% 7.4¢ image resources nl

Ann: Half Year Accounts, page-41

  1. 94 Posts.
    lightbulb Created with Sketch. 29
    If they delay Atlas because they could extend Boonanarring life of mine, it's a great news. Even with less revenues than now. It could be also a game changer if they can permit other deposits close to the plant before the plant move.

    "However, current development planning includes the evaluation of dredge mining as an option to determine if this typically lower cost dredge mining will be beneficial to overall project economics, including potentially increasing total mineable Ore Reserves using a lower cut-off grade."
    It could also give a bit more time to change the Atlas mining technology from dry mining to dredge mining.

    Many options for Image management if zircon price stays high. Free optionnality I guess, because SP is really cheap.
 
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