AZS 2.27% 32.3¢ azure minerals limited

No. Not quite. Unlike you I have always been acutely aware of...

  1. 14,265 Posts.
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    No. Not quite.

    Unlike you I have always been acutely aware of how much cheaper it is to build a mine in Mexico. I had conservatively guessed more like $60 -100mil (than $200+ mil that would apply elsewhere like Australia.). So my veryfirst back of the envelope figures were still showing far greater profit than any of the analysts wonks like yourself were talking.

    Tony which had said there is a precedent which was even cheaper than I thought. So I asked him for that source. Not the figures, which always have been far far closer to reality than you.

    Then I reshowed my calculations. I already knew opex costs are going to be very cheap for Oposura, again that is logic from close to surface. And being In Mexico where labour is far cheaper. But even then those costs are about 10% of SAN Felipe which has deep deposits. Open and close to the surface in a cheap build and operating location in a valuable metal zinc, was and remains magic to my ears and my calculations were far closer to reality than your claims. You fail to get that.

    Plus raising expectations that a Cu find is around the corner for Alacran increases expectations that get artificial disappointment from. All the while diverting attention from the economics of Oposura. The figures for Oposura are compelling even from my earliest calculations..

    I don’t post for TUs and certainly am not a mouthpiece for Tony. I can think for myself. Sorry if I get in the way of some peoples’ trades.
 
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