I really can't see them reopening Andy Well -
This Friday July 6th will be the anniversary of that fateful announcement that mining will be suspended at AW - Still cant believe I exited 2 weeks before that announcement all because of the 20-06 announcement on the AISC at Deflector-that was to high for what i expected but spot on now..........
DRM has mined 300k easy ounces very profitably at AW.
https://www.dorayminerals.com.au/wp...standing-results-for-Doray-from-Andy-Well.pdf
But now with an AISC of around $1500.00 its time to let it go and concentrate on Deflector - an example of a similar situation because both mines have high grade narrow vein Au is the Challenger mine go back and look at the history of that KCN brought the mine after its use by date there still is a lot of gold in the deeps WPG are also trying unsuccessfully to extract it they also have a satellite site being Tarcoola but can't make it work- KCN ended up selling the deposit and infrastructure for 1 million about what AW will be worth if DRM start it back up and have to close it again -
LJ is to smart and will milk Deflector obtain a very good price hopefully for AW sale and pursue other opportunities...........Not long now and we all will know ....looking forward to the Quarterly report - Deflector resource upgrade - AW announcement - infill Drilling results - and some positive unexpected exploration results with that 10 million budget they have for the next 12 months....Far better than a pure exploration play like CHN...
