AZY 8.33% 1.1¢ antipa minerals limited

and it says pending results for Paterson project will be in...

  1. 72 Posts.
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    and it says pending results for Paterson project will be in march/April so they could land any day although I’m not particularly hopeful of them.

    MRE upgrade will move the share price. Capricorn didn’t move until after feasibility because people were unsure it could be mined profitably due to the low grade hence they needed feasibility to prove that it could. Antipa doesn’t have this issue, he’s said pretty clear it will be mined and that we have an asset hear.

    I think the share price doesn’t move much until resource upgrades is simply because the deposits are more similar to porphyry. People see the grades and they might think it’s low grade but they are high grade for large breccia but not for small veins.

    low grades on Paterson central could send the share price down again without any thought for how big that system is if they actually interconnect as they are thinking.

 
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