AZY 4.35% 1.1¢ antipa minerals limited

hi Luck101. I didn’t actually think the deeper holes were all...

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    hi Luck101. I didn’t actually think the deeper holes were all that bad. 190m is not a bad result by any means. I think with how the holes cut across the mineralisation (common practise), we maybe never achieved the down hole depths many thought we would, but it does leave the deposit open at depth. Combined with the DHEM survey it should really give the company more concise targets when planning the 2022 drilling

    your NCM loan is an interesting comment. Something I did consider, but possibly at a later stage, post feasibility and on a pathway towards production. Maybe this is avenue the company can possibly pursue, if they agree to truck the Ore to Telfer for treatment. I’d love Minyari to get its own stand alone operation but the more I think about it, the Telfer option looks more and more appealing, and a further stamp of approval from Australia’s largest gold producer. I’m in investments over here in the U.K. one particular Cora Gold. Not the scale of azy. I bought for around 7p near the start of 2021 and it’s sat on 8p now. Not much movement but in 2021 they increased their resource by 200%. They’re currently completing a feasibility study, then onto production. Although the SP Movement has been disappointing, the action on the ground says something different. I get the exact same feeling with Azy. The returns will take longer than I originally expected, I don’t mind admitting that, but the case for an investment here remains just as strong.
    Last edited by AG1989: 27/01/22
 
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