AVQ 0.00% 2.5¢ axiom mining limited

Hi Aqua, Correct this is a DSO open pit so minimal CAPEX. What...

  1. 2,536 Posts.
    lightbulb Created with Sketch. 773
    Hi Aqua,
    Correct this is a DSO open pit so minimal CAPEX. What you need to take into consideration is the low class 2 spot price of $5/lb as compared to rising $9/lb for class 1 next year plus premium for purity. At present SJ is fine line on economical but IMHO prices should strength one Trump and Xi makeup and kiss these trade wats goodbye as it is effecting all commodities
    The other issue I have as a production engineer is the logistics between the ramp and the on board loading. Hopefully this doesn't create a bottleneck.
    Don't worry Sconi will be mined but to compare the 2 operations is just plain dumb.
    We might have to catch up for a coffee some time.
    Cheers
 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.