I heard Santana mentioned yesterday on RNZ as likely to be one of the fast track projects.
Makes sense ...has a lot going for it .. grades .. strip ratio ..location .. we need more diverse jobs in the area away from just tourism and agriculture... will keep more of out young ones in the area Vs going to Aussie mines
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Much as expected, but worth noting anyway, that Santana were on the govt-released list of ‘stakeholders’ for the Fast-track bill. Stakeholders in this case being companies that have been provided info/directly invited to apply for the next stage.
The recent visit from Shane Jones had already heavily implied this would be the case, but nice to see it in writing.
No guarantee of the outcome, but it’s a nod in the right direction.
Much as expected, but worth noting anyway, that Santana were on the govt-released list of ‘stakeholders’ for the Fast-track bill. Stakeholders in this case being companies that have been provided info/directly invited to apply for the next stage.
The recent visit from Shane Jones had already heavily implied this would be the case, but nice to see it in writing.
No guarantee of the outcome, but it’s a nod in the right direction.
Yep I would expect this project to be one that gets the nod.
They are obviously applying as they hastily put together the metrics of the project with a disclosure of 25% variance.
In saying that using a NZD2700 gold price when it's trading NZD4,000 is very conservative.
That gap between the modeled & current is equivalent of $143M p.a. circa doubling the modeled profitability.
Not bad for a company with a AUD market cap of $230M.
I should have been all over this six months ago, but still not too late I think in this case.
Originally Posted by clearasmud
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