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I thought Kn and KS are joined limitedly at depth and was confirmed some years ago before Budge was onboard (good ol' CSP).
I have an illustration somewhere of the so-called 'whale' like model of Kn.
If I remember correctly Ks although potentially larger (length x width) than Kn, it is a totally different model and not so defined, with many interpolations throughout.
This was the comments at the time but obviously has had only a very limited drill program, can't remember the spacings.
I'm sure if anyone would care to look back at previous RNS they will find something to this effect.
Not that it will make any difference at this stage of this ongoing farce. :-))
Just saying.
Excited for next week, and the week after, and the week after... BEM to the moon!!
So much talk about its a 90% done deal, i really do hope your right
Beowulf has completed the first 10 drill holes, of a 32 hole programme, at Kallak South. The initial drilling results have confirmed the presence of high grade iron ore. The ore is a similar type and quality to the ore found in Kallak North.
I don't think it was ever confirmed but suspected Suzy, although it was so long ago I'm not so sure. Didn't we drill in the wrong place or something? I may be conflating things, although I do remember an nice 3d whale type shape of the resource.
We already know that KN and KS are joined at depth because that was confirmed by the last round of drilling. if I remember correctly.
Ahh yes cheers hasty. Yeah I can see us up towards those kind of tonnages in the future in the future. I think that will come once we get a JV and start full throttle at the whole kallak.
SJ don't forget 27/28% Fe in the 140mt.
There will be more Fe that is not yet measured and my guess is that North and south are linked at depth and the ore body extends further out into parkajare, but we'll not know until it is drilled, which won't happen until we get a yes. IMO 600mt plus is not beyond the realms of possibility IMO, but we are a while off proving up that figure.
Yes Suzy I think I was in the August 2010, a long time to be in a penny share but it's been fun and I wouldn't change it either tbf, albeit the benefit of hindsight with selling and buying lol.
Hello Sj...Yes, what fun we've had...I've been in this longer than I'd remembered...looking through my certificates the other day I bought my first little batch in November 2010 and they were 22p.
Whilst I'm on it Suzy, and I'm by no means an expert and no where near as knowledgeable as delt was but the value of the concentrate in the ground is 140mt x 84% recovery x 0.71% concentrate gives 83MT x £100 per tonne is £8.3 billion pounds! That's not including the premiums we get. Obviously that will never be the market cap as we have all sorts of costs involved etc but shows a really conservative value of what we actually have JORCd right now. It pays to have a high recovery high quality deposit. That's why we invested here for the world-class resource.
Please someone correct me if I'm wrong on the figures.
Sure does suzy. So glad I took my allotment plus a few more 12 months ago. 3p bargain giveaway to 15p 12 months later. Hopefully more to come and after all these years we will be rewarded. Still nervy times until we actually get a yes though! Lol.
If we do get a yes, then we have 140mt high quality measured/indicated resource with a concession, with the potential for a lot more to come. Exciting times... :)
There are different sorts of courage Tops and I thought going over the top was in WW1.
Suzy I differ slightly it takes me courage to run into a burning building to save a life or go over the top in WW2
It was just riskier back then
When it was 2/3p all indications were it's was 90% certain no permit
Today it's 90% it's a yes
If you look at all great investments Apple Tesla Microsoft Ect Ect the rewards/reward is better later in the investment cycle.
We know with a high degree of certainty Finland is a runner we know today know Kallak looks much more certain
Just greed, eh Roller? Well, I beg to differ, it takes courage to buy when the sp hits the floor.
It's times like this you wished you'd got more at 2/3 pence..just greed really GLA
Is leading me to think I should be buying more BEM Monday!
This could rise 100-500% in the next 2 months
Chance of it dropping here is extremely unlikely imo because I'm now nearly 100% certain BEM will get the YES