RE: Arzu North Drilling RNS18 Nov 2019 16:40
Agree re Turkey. Geographically important with a large tourist industry and second homes for Westerners. I don't regard the political or corruption risks as being anything like in the same league as Africa and the ex USSR states.
New deposits around Red Rabbit, even if relatively poor, could be economically viable due to already having a central, fully paid for, processing plant.
I am hoping for a 10 year mine life in the West from 2020 but time will tell, we shouldn't presuppose that all news will be good - one day it wont be. For example Arzu South deep could well prove uneconomic, who knows, but if that were the case it wouldn't turn the company into a basket case overnight!
I would like an announcement about the publishing of the Tavsan EIA, time for its exploitation starts ticking then.