AUZ 5.56% 1.0¢ australian mines limited

AUZ - chart, page-810

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    Hi McHale I was a LYC holder until Thurs sold with a nice little profit to put more money into MCR ( I like nickel). Good management did pull them out of trouble.

    Thack will be interesting if grades are good. As it is a sulphide deposit capex would be under , for a small concentrator, $150M. These plants are easy to design and quick to build. Opex would be very good too , not many reagents and simple to operate (low manpower and maint). Conc would be shipped to prob China for smelting and refining.
 
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