AAU 25.0% 0.3¢ antilles gold limited

LD was a pretty decent mid-size project but it has become a...

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  1. 1,613 Posts.
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    LD was a pretty decent mid-size project but it has become a whole lot more attractive and a lot more profitable now... AU$125M/year revenue at today's prices. I think the mine and dollars are now large enough to comfortably bring in a 3rd partner. Happy for us to dilute down to 25% and be free carried to production if a deal like that comes on the table.

    Very keen to see the updated economics.

    I just hope we are not doing the usual thing of changing direction and spreading our limited $$ too thin over the different projects. Would rather we focus on getting NS up and running and leave LD on the shelf until then (unless a new partner comes in and puts the $$ down to develop it asap).
 
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