Joenes, the words "free dig" relate to the composition of the orebody, and do not necessarily imply anything about the manner of extraction. However, the term does suggest that the rock is not well-consolidated, meaning that mine walls may need to be at a relatively gentle angle for stability
Contrary to your claim, recent quarterlies have not made any statement or committment as to the mining methods planned, or given any estimated costs of doing so. If open pit is to be used, as you state, then a varying true width, averaging 25 metres (as at Campoona Shaft), or averaging 10 metres (as at Campoona Central), will certainly require removal of substantial amounts of waste rock. Safe mining demands stable walls, with stable benches. This is not new, or difficult, but it does not come free, either. We do need to see some sort of cost estimates to understand where Campoona is going to sit on the cost curve, relative to its competitors.
Cheers, Prime1
- Forums
- ASX - By Stock
- AXE
- tight range - something cooking
tight range - something cooking, page-20
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AXE (ASX) to my watchlist
(20min delay)
|
|||||
Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $73.90M |
Open | High | Low | Value | Volume |
31.5¢ | 31.5¢ | 29.0¢ | $205.8K | 690.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 45527 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 12310 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 45527 | 0.285 |
6 | 64343 | 0.280 |
1 | 10854 | 0.275 |
2 | 35000 | 0.270 |
4 | 11840 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 23173 | 2 |
0.310 | 9195 | 1 |
0.315 | 20272 | 2 |
0.320 | 187928 | 3 |
0.325 | 100306 | 5 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
Featured News
AXE (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online