AZY 4.55% 2.3¢ antipa minerals limited

Ann: Minyari Dome Project Gold Resource Increases 250% to 1.8 Moz, page-97

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  1. 1,744 Posts.
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    I'm in agreement with you, that if AZY had it's own 100% mining operations and facilities, that would be preferable

    But not withstanding the current shortages in supplies, materials, manpower and just bloody everything...it's just basically impossible for a project in that part of Australia to be built in a prompt timeframe.
    If you've seen the latest news over the past week, FMG'S Ironbridge project is an extra $500 million overbudget, so $1.5 billion overbudget in total. And it's blamed on worker shortages

    Not only that, there's still enough major resource construction projects in WA alone, to easily last for the next several years, and I'm guessing they'll all be struggling to get workers necessary

    So I'm comfortable with the notion of toll treating through Telfer. It'll be much faster and cheaper.
    And if we can get 150,000-200,000 oz gold processed per year,... that's some really good money



 
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