Ann: General Meeting Presentation, page-15

First 15 Last

Share
Profile

Follow
salpetie

1,373 Posts.

942

13/04/18

12:06

Post #: 32435044
Share

Originally posted by dolcevita ↑

Tough question to answer properly without $1+M for the studies and complete assay results for phase 1 drilling.

I think the answer is yes and probably just for Opasura East.
OP west while not as thick is fairly consistent and should add more.

The exploration target given last year was 2.5-3Mt @ 10-12% combined Zn+Pb and drilling so far has been fairly consistent in giving results which IMO support this figure.

Precisely. But if like I did, you told tangs, that we could reasonably rely on the target figures because we're twinning the previous Canadian exploration, with drill results corresponding to the target, and because we're getting excellent (then preliminary now confirmed) results on metallurgy recovery processes (see latest ann), he ridiculed you as not being able to understand what a reserve means.

It's a very aggressive claim, made by someone demanding detail which is inappropriate at the stage of development, and fails to take into account all relevant known factors and most likely factors. This was and remains, my point.

Too much focus on detail risks missing out on making sensible judgements from what we have, and extrapolating from them in a reasonable way.

The latter has been my approach. It's incremental and nobody gains from making scary and irrelevant claims in response to such an analysis....or do they?

(Everyone knows what a reserve is. And if they don't they can easily google it.
That's not what the issue ever was. But pretending it was is however a neat trick.)

Expand

I take it you see my post as negative. Not my intention but IMO relatively consistent with my previous output on Opasura.

I do not understand your post. Sorry but you may as well be talking another language for all I can make from your words. My bad...

AZS Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 46, 2024

There are more pages in this discussion • 4 more messages in this thread...

First 15 Last

Add AZS (ASX) to my watchlist

Ann: General Meeting Presentation, page-15

Top Stories

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Banshee's historic trenches prove rich in antimony and gold for GDM

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Cyclone signs MOU with Vale for development of Iron Bear play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 46, 2024