She was more careful now throwing out big numbers but you can feel she’s got strong conviction Ricciardo is a 3m oz deposit near term. It’s probably all about seeing gold at end of previous cores and they just have to drill deeper and wider
Whereas it’s nice to have a good number of tier 1 neighbours(spartan, vault, Westgold, ramelius, cmm, we can even throw in glencore the supposed buyer of antimony in Hillgrove before it was put into c&m) , they’re actually a potential predators. Especially if Sb prices continue to rise and supply is constrained. A 120kt contained Sb is hard to ignore imo. This will be bigger than PPTA and lrv
Not just the potential for more itself, but also the presence of existing flotation facilities by a few biggies nearby- they already have the equipment as leverage, flotation circuits for gold are the same for Sb recovery. My point I guess is it’s watch your back. Casual conversations of working together might turn into attraction. And before we know it the unexpected happens.
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