AJ, a 30 year mine life requires over 1500mt of ore @ 50mtpa, they only have app. 775mt as per their resource statement. Im sure they will prove up more, but Emery has stated he is aiming for 20 years.
Remember the 775mt figure is not all reserves, alot if it is just resource.
Nevertheless it is a solid project that demands attention.
AJ, a 30 year mine life requires over 1500mt of ore @ 50mtpa,...
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