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blows AMN resource out of the water AMN have 44,088MT x...

  1. ddzx
    37,911 Posts.
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    07/02/17
    14:31
    Post #: 22429016
    blows AMN resource out of the water

    AMN have 44,088MT x 8.25kg/m3 x 6.4% yield = 23.3MT yield

    RWD have 105,647MT x 11.35kg/m3 x 12.8% yield = 153.0MT yield

    yet the AMN scoping study of 23 August 2016 claims it will produce at US$113/t mine gate versus RWD's 2 April 2015 scoping study of US$163/t mine gate

    ....................
    RWD Price at posting: 36.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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