AZY 8.70% 2.5¢ antipa minerals limited

Telfer the Elephant in the Room, page-21

  1. 4,002 Posts.
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    There was no suggestion of shutting Havieron!
    I was merely discussing the plant.
    Clearly Havieron ore could be processed at a smaller plant ( e.g. a modern 6mtpa plant at Minyari) and that may actually cost less to operate even when capex is considered. The cost of maintaining the huge Telfer plant would, IMO, be quite significant. All that could change if NCM finds some serious deposits at Wilki in the next, say 2 years or AZY is able to substantially grow the open pittable resource at Minyari/WACA. Only the future can tell. More info needs to become available before NCM can make a decision.
 
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