What are they waiting for at Mt Roseby?
More exploration? Nope they aren't doing that.
Mining licences & enviro permits? Nope - all permitted.
More info? Nope - full geology, mineralogy, metallurgy, geotechnical and scheduling & pit design & site layout all previously done to a good standard.
Price of copper to go higher? Nope the previous feas studies by AOH showed profitable at Cu prices less than current and projectted. Same story with exchange rates and fuel prices.
Have they ordered the long lead time equipment procurement items such as a ball mill? Nope.
They got a fully understood and permitted project from AOH and haven't even got off their butts to advance anything yet except an ultra low grade marginal mineralised road base operation at New Ingerbelle.
They've talked the talk alright, time for the walk.
Extraordinary upside, page-9
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