AIS 3.03% 17.0¢ aeris resources limited

I agree, Roundoak has turned out terrible. I remember you...

  1. 194 Posts.
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    I agree, Roundoak has turned out terrible. I remember you warning about Roundoak and you were right. The costs at Jaguar ($400 per ton of ore) are a lot higher than I thought they would be and the zinc price has gone down. At the current zinc price, the Jaguar mine will continue to make losses. I think the Spectre lens (12% zinc) might be profitable but the main mine at Bentley and Barbara are uneconomic.

    I hope management realise this and concentrate on developing Tritton.
 
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