AZY 3.70% 1.3¢ antipa minerals limited

Ann: Minyari Dome Project - Results from 2023 Air Core Drilling, page-25

  1. 1,054 Posts.
    lightbulb Created with Sketch. 497
    The August 2022 Scoping Study as I understand it, is based on the premiss of a stand alone gold mining AND processing operation. This was Antipa's preferred base case but they mention they were open to third party pathways given Minyari's location 35km from Telfer's processing facility.
    The sensitivity analysis showed the project to be resilient to changes in capex costs but like most mining projects the economics are sensitive to changes in operating costs and revenue parameters (eg gold price). Hence my view the impact of the likely upside of a strong lift in gold price. That's pretty much straight to profit.
    The scoping study is a very preliminary document but indicated that a standalone facility was viable. An increasing gold price will just add to that. If a toll treatment option was available that would reduce the upfront CAPEX requirements.
 
watchlist Created with Sketch. Add AZY (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
-0.001(3.70%)
Mkt cap ! $53.81M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $4.235K 303.6K

Buyers (Bids)

No. Vol. Price($)
13 4769010 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 2997685 5
View Market Depth
Last trade - 15.44pm 07/06/2024 (20 minute delay) ?
Last
1.3¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.4¢ 1.4¢ 1.3¢ 390145
Last updated 14.12pm 07/06/2024 ?
AZY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.