STN saturn metals limited

Ann: Material Increase in Heap Leach Gold Recoveries, page-24

  1. 223 Posts.
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    True but I don't honestly think it's the main game, as nice as the large land package is I think Ian and the gents are focussed on bringing far more ounces into the pit, but being the prudent chaps they are they would rather underpromise and overdeliver, which has been the hallmark of everything they have done so far. Image the project ecomonics with every incremental ounce they can add at negligable marginal cost. The metrics on this are already off the chart and at each step they just find more improvements. Watch this space but I very much hope over time Apollo gets bigger. Also from a step change perspective the bigger the pit, the bigger the machines, the higher the margin. They will be working hard to move it to the next level. This is very much one of the Australian gold markets most misunderstood and undervalued projects. The North Americans and Cannucks can't believe how much we just don't get it. It's all about the margin, the simplicity of operation and the life of mine. This thing will end up being a beast. Finding other stuff on the tenaments will the the icing, not the cake.
 
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