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04/07/18
06:25
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Originally posted by 03boz
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The southern end was the most easily accessible and cost effective position to start trial mining, it was thought that the high grade structure zone may extend south.
Cash dictated the extent of trial mining Stacpoole while RoD negotiations where taking place over the past 12 months.
(AUL's primary focus over the past 12 months, one week after taking ownership we are mining RoD. An extremely well crafted acquisition. WELL DONE MANAGEMENT. )
We now have a plant running, possibly at the highest recovery rate in Australia, and 100 % ownership of RoD.
Something to be very proud of.
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Management could have announced their intention to focus on RoD much earlier but we would have paid double for RoD, it probably would have prevented yesterday sell off, but that only matters if you could not see the big picture IMO....
Last edited by
03boz :
04/07/18