AUN 10.5% 4.2¢ aurumin limited

I think you are correct on your assumptions Trigger , the...

  1. 33,223 Posts.
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    I think you are correct on your assumptions Trigger , the adsorption tanks are probably not there or stuffed guessing the only thing of value is the ball/SAG mill (and maybe a TSF like you mention ) which is at least having it as a long lead time item , means that would shorten the time frame in going from FID to mining if it is in reasonable condition
    However ideally , Really need consolidation in the area between AME, AUN, AUC, KAI and RXL , to pool the resources , get a critical tonnage of ore , at a reasonable grade ie 30 Million tonnes , build a 1.5 to 2.5 Mtpa plant and then start mining the higher grade lower strip ore first, of around 1.5 grams a tonne to get a decent payback for investors .
    Alternative is another Kirkalocka scenario old mine plants are inherently past their use by date for a reason ,
    Last edited by plough: 21/03/24
 
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