AZS 2.27% 32.3¢ azure minerals limited

Thanks for (yet again) taking my words out of context on mining...

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  1. 14,265 Posts.
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    Thanks for (yet again) taking my words out of context on mining costs. It's closer to misrepresentation actually and you're very aggressive in doing that.

    It is clear that I was speaking about the difference between open cut and deep mining. The deep mining opex figure for San Felipe was certainly 10 x the figure for open cut.

    Also I have explained that Opex needs to be deducted from the (provisional) final figure. Stop leaping up and down like this is was not spelled out and you're telling us something new. You're embarassing yourself.

    I also said we can expect to have some deeper mining on the western zone. So obviously that will affect opex and capex.

    These are back of the envelope calculations and I'm transparent about how I reach them and what my assumptions are. Stop pretending otherwise.

    What you personally haven't seen is only relevant to the extent that analysts can be lazy*. They go by the past and what they are familiar with. This is where the opportunity exists for the everyday mum & dad punters.

    This is Mexico with a different cost structure and excellent resources. Oposura has fantastic grades. Look at them. You must look at the whole picture in entireity and not pick off some issue as not within your experience.

    BTW this is a thread about High Grade results at Oposura. Not about some off-topic issue about dilution you raise because you're casting around for negatives.

    (*Plus if they are a bit casual about decimal points, it's a bit of a worry).
    Last edited by dolcevita: 25/01/18
 
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