Other video highlights23 Mar 2018 13:00
Oman at very start made reference to 'predominately self financing'
Yep he says it clearly they are mining there now for low value ceramics industry.....we do have a mining licence of course, we can mine away..... Be interesting to see just what that pays.... enough to pay for lunch on a daily basis? We are technically a mining company now, not an exploration company. The buyers must have their own plant, as it will need processing of sorts?
He says how big Grandao is, but the upside exploration is not the size of the Res upside which I was surprised at being bigger than its JORC. So there must be more to Grandao than the exploration target as he says he will be drilling it alllll year.
Just noticed there are another 10 holes minimum on Grandao beyond the 15 holes we were waiting for, they are all to the West and the NW, on the boundary of the nuclei. Picture also shows a drill platform being readied well to the South - "To the south some sparse drilling has confirmed the presence of mineralised pegmatite for up to 150m from the Mineral Resource Estimate boundary and the limits of the mineralisation have not been found" Holes 8,9, 21 to the south all had something. He thinks the powerline needs moved to the south, ties in with the extra drilling to that side and that new platform.
Scoping study no more than mid Q2 finish, though the whole project has slipped 6 months from Nov2017 presentation, but maybe for good reason, its so much bigger?