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 ,
I think you are correct on your assumptions Trigger , the...
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Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $17.22M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.9¢ | $22.80K | 576.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 736620 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 4.0¢ | 367641 | 2 |
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| Last trade - 14.04pm 30/05/2024 (20 minute delay) ? |
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Last
3.9¢ |
Change
-0.001 ( 4.88 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.1¢ | 3.8¢ | 614381 | ||
| Last updated 14.04pm 30/05/2024 ? | |||||
| AUN (ASX) Chart |