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Ann: JORC Ore Reserves increase at Roche Dure, page-162

  1. Gouldians
    823 Posts.
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    15/07/21
    13:24
    Post #: 54524700
    Well only time will tell if IF statements are correct.

    People get bamboozled by the size of the deposit which is no doubt impressive. However, it's land locked and shipping rate is key to revenue/annum. Life of mine means nothing if you can't sell enough product to make waves.

    Processing onsite will reduce demand on shipping tonnage but that comes at a cost.
    AVZ Price at posting: 18.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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