We all knew the difference, but I wouldn’t say it’s huge. Secondly, the difference in grades and depths don’t make SJ project uneconomical as you have been trying your hardest to propagandise. SJ would only be uneconomical when measured against Kolosori if the latter is just MARGINALLY economic.
Plus, as you have conceded to, what SJ lacks in grade and depth, it would make up for in tonnage.
The bottom line here is that, based on historical data and Axiom’s own assays, SJ is economically viable. And that is all that matters. Moreover, these results satisfy the potential buyers/off-takers from Asia-Pacific, so your persistent down-ramping will just be a moot point in the not too distant future.
AVQ Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
