Akko as far as I can tell the Touquoy West is subject to the 60:40 and it was stated on the 26/11/2010 their intention for it to become a "satelite feed" to the mine. 7m of overburden and similiar drill results I cant see any major increase in cost ( somehow I dont think there will be any shortage of crushed rock to build a suitable road). 4/1/2010 shows its close proximtiy. Worth noting the main Touquoy pit will end up nearly 800m wide. Also for what its worth , ..."ATV may earn an additional 15% in the exploration block which comprises the major part of the property outside the current defined resource area upon securing financing". Another 40 mill to the Npv aint to shabby!
ATV Price at posting:
3.0¢ Sentiment: ST Buy Disclosure: Held
