AXM 0.00% 1.1¢ apex minerals nl

plough,AXM has about 750t spare capacity at the plant going of...

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  1. 2,918 Posts.
    plough,

    AXM has about 750t spare capacity at the plant going of quarters june 11 to march 12.

    a tie up would get the plant at full capacity quick - look at BLK's regent deposit pit design - Mineable Tonnes 1.39Mt @ 1.91g/t for 85,000oz contained au open cut with the pit finishing in 5g/t gold. Significant 3-5glt resource below the pit for underground mine.

    or the WILLIAMSON PIT with a Resource of 4.9 Mt @ 1.9 g/t for 301,000oz Au in the old pit model from agincourt.

    Then their is the matilda mine that a resource upgrade is due this month.

    the synergies between them would bring cash cost down and production up.
 
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