I think they are looking at targeting the high grades with open pits to get faster pay-off and then focus on the lower grades. Once the plant is paid-off they can mine at higher costs for longer and have 2 operations.
Enough profit to fund multiple projects and small divi.
Plus there is always a chance to discover few more high grade zones that can push the grades higher.
It's not bad approach - if they go down that path.
Ann: Kaiser Infill Drilling Results, page-54
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.5¢ |
Change
-0.010(1.94%) |
Mkt cap ! $307.7M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 51.0¢ | 50.0¢ | $337.8K | 667.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 544407 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 46571 | 20 |
View Market Depth
| Last trade - 14.24pm 27/06/2024 (20 minute delay) ? |
| ALK (ASX) Chart |