AZY 8.70% 2.5¢ antipa minerals limited

calibre vs telfer, page-5

  1. 14,055 Posts.
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    hi ddzx

    yes telfer did start at very high grades way back when the pols/croats/and so on were employed to get the high grade with hand held drills eg:- airlegs (google airleg mining).


    i actually worked with a guy that worked those days at telfer and he told me that one seam they followed with airlegs was like a black mud and they got fist fulls off it and bucketed it out so yes high grade early days for sure.

    as for today im not sure about $1000 an ounce but i was their when they expanded telfer at a cost of well over $1 billion and gold was like 300 bucks an ounce so i cant see $1000 an ounce being close unless they completely stuffed the model up.

    all good anyways as sp is heading in the right direction and i have shitloads of them.
 
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