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AXO will have a much lower production cost than PMA, so it makes sense for Noble to deal with AXO.
It gives them a higher margin. Wait until they have finished running the ruler over both projects and stand back to watch the fallout.

The economics of Balla Balla will ensure that Windimurra life will be short lived (again), ending the run of the inferior project permanently.

The best way to provide stability is with a long life low cost operation. Balla Balla already has more than 30 years of Ore Reserves, a hundred years or more in Resources, 150% higher grade than Windimurra and significantly better metallurgy, and co-products.

Windimurra has only 15 years of low grade Ore Reserves and cannot match the metallurgy of Balla Balla.