AZS 2.27% 32.3¢ azure minerals limited

Ann: Oposura Scoping Study Nearing Completion, page-6

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  1. 1,407 Posts.
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    Haha.

    @gosouth observes (correctly) that strip-ratios are likely to be higher and mineralisation not as shallow as expected.

    @dolcevita says in response, "well that's a rare admission. Something positive" (and receives two thumbs!)

    Pro-tip Dolce: High stripping ratios are not a positive thing. Generally, higher strip-ratios mean greater costs (because unwanted ore must be extracted to reach the mineralisation which adds cost & complexity to operations).

    High-grades may support a high strip-ratio but as @gosouth, @salpetie and others have already noted, the grades we're seeing at Oposura are underwhelming and landing at the low end of expectations.
    Last edited by Mossberg: 22/08/18
 
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