AZS 2.27% 32.3¢ azure minerals limited

next best step IMO is to keep drilling and add more resources...

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  1. 2,582 Posts.
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    next best step IMO is to keep drilling and add more resources
    that is, if there is any genuine exploration potential left.
    more tonnage = bigger operation = better economies of scale = more cashflow = higher project value

    Tangs, toll treatment is very uncommon in the industry. That's because it us practically difficult to do (processing wise) and is very expensive. Toll treatment is typically the last resort after all other options have failed, as it high grades the deposit.
    Yes it might be a valid outcome in this case if there is another plant nearby, but there are a lot of steps to go through first.

    Cheers
    Gosouth
 
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