Australia's largest stock trading and investment forum Australia's #1 stock forum

AZS

Click for more information

0.00%

$3.69 azure minerals limited

Agree totally. Also there are possibilities with the modern...

First 1833 Last

Share
Profile

Follow
dolcevita

30,392 Posts.

1863

30/09/23

16:20

Post #: 70113784
Share

Originally posted by calmbeforestorm: ↑

There is a lot to building a highly profitable mine than just a big high grade resource - it’s a shame AZS posters only seem focused on size of the resource.

If the DMS recoveries are good the SP should go up as it will mean lower Cap Ex and lower operational expenses = better financial outcomes.

There is no point in having a monster resource if recoveries are only 40% like CHN had with nickel - low recoveries can result in a good resource having poor financials.

There are also other important issues (eg strip ratio, open cut vs underground mining, etc) that impact the financials.

Expand

Agree totally. Also there are possibilities with the modern versions of room and pillar mining which have less impact than open cut,
and involve continuous production. Metallurgy recovery rates and methods are very important.
I'm just wondering if the synergies with SQM having the concentrator near Perth are less crucial and if AZS may in fact be able to outmanoeuvre SQM to deal with other candidates for Li sale.
It's like a high stakes poker game.

AZS Price at posting: $2.70 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

LRD

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Bitcoin jumps 8% to beat record on Trump vote optimism

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 161 more messages in this thread...

First 1833 Last

Add AZS (ASX) to my watchlist