AUZ 0.00% 0.8¢ australian mines limited

The study in the ann wasn't carried out on sconi ore but the ann...

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    The study in the ann wasn't carried out on sconi ore but the ann very much relates to Sconi

    This has been on the cards since at least 29/04/21 - quarterly update -

    "Updating the front-end design of the Sconi processing plant with the objective of
    materially decreasing the project’s already competitive capex; and"


    Todays ann says

    -We've already run sconi ore through a process 'that materially decreases the project’s already competitive capex' , now we've run the other deposits through it Bell C/Mina/Flem and proved it works there too

    -As all successful and all deposits can use this process, we will look to commercialise it - it may take us two years to do so.


    Not sure why all the confusion. All great news and zero bad news. Mgmt continue to add value and my guess is a DFS won't be too far away

 
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