re: Ann: New porphyry gold-copper mineralisat... "They might be happy to prove it up and offload to another miner."
Depends on
- how big the discovery gets
- when DZP goes into production
- how long it takes to pay back any loans (DZP capex)
- how much of a dividend we are going to pay
- whether we need cash to expand DZP to 1,5 MTPA (mostly depends on zirconium demand)
"May be the next development after the DZP."
Personally I think it a little more likely that we will first add a tantalum circuit (putting the filtercake into storage until then), then expand to 1,5 MTPA.
In that case, I'd be kust as happy to sell the project the way we did with the Orange JV ...
re: Ann: New porphyry gold-copper mineralisat... "They might be...
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