AND 4.55% $1.04 ansarada group limited

Great results,Possible that Bajo Negro Vein could rival Eureka...

  1. 7,936 Posts.
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    Great results,

    Possible that Bajo Negro Vein could rival Eureka west in terms of size and grade in time, most important aspects of this discovery is the grade seems to be increasing with depth and possible strike length, remember AND is planning a minimum 2ktpd operation and potentially double that if they can manage the capex.

    If Bajo Negro is similar size and grade to Eureka west then using the original PFS assumptions and replace the low grade open pit with Bajo Negro development (at the same time as Eureka west) the numbers become very scary at 4ktpd.

    Dont think many have gotten on to the potential of AND to become a mid tier (US$1-$5B) gold silver company yet.

    Lots of if's but slowly being drilled out.
 
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Currently unlisted public company.

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