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8.2¢ alliance mineral assets limited

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oxxa23

3,037 Posts.

248

19/01/19

14:29

Post #: 37164027
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Originally posted by oxxa23 ↑

not sure... i'm struggling to overlay both the maps.... are you sure it's the same?

the announcement appeared to indicate problems with the water being caused by problems with the bench mining... this has been managed...so either water sourced elsewhere, or, the bench mining problems have been overcome...

can only assume the bore water has been used up? be interesting to see if any mention in the quarterly coming up... guessing that they would have been using a fair amount of water for construction of the tailings dam? you would need water involved to compact the earth and make the embankment hold i would think???? there was no mention of the tailings dam, but, based on the forecast production you would assume it was completed.

the water consumption for production and this could have caused the problems with any type of water (bench mining) delay for access to more water....

if they're sourcing water temporarily I would suggest it's been allowed for in the forecast costs.

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ignore, definitely overlaps... not sure what the go is...for good or bad that is

A40 Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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