AZS 0.00% $3.69 azure minerals limited

Ann: Half Year Report and Accounts, page-15

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  1. 30,380 Posts.
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    Most are mined by open pit methods because the grade is too low to be economic.

    I didn't finish that sentence properly there....

    should have read:
    because the grades are too low to be economic to mine at deeper levels.

    So it's a combination of being closer to surface and large deposits that make them economic despite the lower grades. Generally speaking.
 
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