AML aeon metals limited.

Early days scoping study, was surprised that the economics of...

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    Early days scoping study, was surprised that the economics of road transport over a distance of 1300km to Townsville vs road/rail option to Mt Isa and then Townsville, truck to Lawn Hill and then use Century Mine logistics of slurry pipeline and Port of Karumba after that (would obviously require a sharing arrangement with NCZ) or even road direct to Karumba. Understand that containerized transport is the cheapest and you pay for every change in mode of transport but that seems like an extraordinary long road transportation option to take, and its not like they are sealed roads all the way either so will be subject to weather. Must be that Mt Isa to Townsville Port capacity is already maxed out or is rail freight so prohibitive that it doesn't stack up?

    Looks like a big capital cost and logistics show stopper to me, nothing wrong with the orebody per se.

    Project seems very sensitive to the price of Cobalt which I don't like either.
 
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