RE:RE:RE:TD agree with me and downgrade price targetWhy would mining analysts assumptions carry more weight than AMC's and when was the last time any analyst built a mine....other than never.
I don't think you could find two more differant projects than Taylor and Kipushi if you tried. Building anything in the DRC must be challenging and expensive at best whereas Arizona must be just about THE BEST place on earth to build a mine, geographically speaking !
Building mines anywhere is no cake walk but AZ has a very good team and this projest will either be built by them or built by someone else after Warke sells it for $ 5 or $ 6. And you can probably add $ 2 or $ 3 a share to that when they get permits on the unpatented claims.
MrBigger wrote: When CAPEX comes in 50% less than multiple mining analyst estimates it would indicate to me that possibly something is amiss. This is reinforced by the comparison with the Kipushi restart CAPEX that is around $400 million where they already have shaft access to the BIG ZINC (35% zinc) orebody.