AXM 0.00% 1.1¢ apex minerals nl

plough,AXM has about 750t spare capacity at the plant going of...

  1. 2,917 Posts.
    plough,

    AXM has about 750t spare capacity at the plant going of quarters june 11 to march 12.

    a tie up would get the plant at full capacity quick - look at BLK's regent deposit pit design - Mineable Tonnes 1.39Mt @ 1.91g/t for 85,000oz contained au open cut with the pit finishing in 5g/t gold. Significant 3-5glt resource below the pit for underground mine.

    or the WILLIAMSON PIT with a Resource of 4.9 Mt @ 1.9 g/t for 301,000oz Au in the old pit model from agincourt.

    Then their is the matilda mine that a resource upgrade is due this month.

    the synergies between them would bring cash cost down and production up.
 
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