AZY 4.55% 2.3¢ antipa minerals limited

Ann: Minyari Dome Project Gold Resource Increases 250% to 1.8 Moz, page-98

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  1. 4,002 Posts.
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    Thanks OD

    I suspect there will be extras - it won't be direct but will have to go around some of the obstacles. I believe there are also sand dunes that are approx 50 feet high. There are dry stream beds that may need bridging to enable crossing in a 1 in 100 year flood (as for Havieron - Telfer) and road distance is unknown until a survey is completed. They will also need approvals.

    Current shortage of labour and higher cost of materials and euipment is also likely to affect the cost of building the road.

    The cost of the road could be ??? But I expect well over $60m.

    I would rather they spend that $60m towards the cost of their own plant to lock in higher profits for the life of the mine. Who knows how much more can be found and how long the mine life might be.
 
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