AUZ 7.69% 1.2¢ australian mines limited

Terrain Capital and AUZ, page-51

  1. 1,698 Posts.
    lightbulb Created with Sketch. 266
    Not easily .3-.5 co feed anymore?

    Even .15-20 isn't happening IMO. Lucknow has some good grades no doubt, but it's a small resource. Best case I see is .12 from years 3-7.

    My guess with BFS 2 is a 15% improvement on Npv and Ire. 20% best case.
 
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