ARS 0.00% 4.6¢ alt resources limited

Ann: Bottle Creek Resource Upgrade to 406,000 oz Gold at Mt Ida, page-9

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  1. 2,685 Posts.
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    You ask what Now? I am not sure if you read the latest upgrade and I must admit I am very surprised it was not headlined, but ARS will have a Scoping Study completed to evaluate a 500K TPA plant next quarter.

    Normally what happens is a SS for the existing resource & then if positive, get some more funding for a DFS and improve the metrics of the SS. ( Normally another round of drilling which excites me.)

    Considering a significant amount of capital has been dropped by the previous owner and the knowledge of their poorly designed plant, I am very much expecting that this will be a mine in the next 5 years. Of course being an early bird I am only here to get it to decision to mine and then free carry. So I think this little gem, has both a great little short/Medium and Long term out look.


 
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