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Zap
You asked
What are others opinions on why the deals are structured differently
Is it because SK already have a resource of 237k T CU so far?
To make it official they would need a Jorc?
Whereas the other two licenses requires drilling campaign to determine if there is a resource or not
Thanks for your essay zap. Makes sense.
Remember you saying something along the lines of ,'geology doesn't just stop'
Is it highly likely to find more Super high grade sections of CU ?
Yours cruelly
Jez wot bit of Am Over you don't you understand ❓
Hello NTM and ZAP
sorry to bother you guys.
Been reading RNS 3 April Silver king
It states
An in-house non-JORC (2012) resource estimate by an external contract geological company was commissioned by Glencore in 2012 ("Non-Compliant Resource"). The Non-Compliant Resource reported an estimate of 268,971 tonnes at 2.7% Cu at a 0.5% Cu cut-off
Cut off in 2012 was 0.5%.
Since CU price miles higher is the cut off %lower❓
If so how much more contained CU is there❓
Thanks for your time
Yours cruelly
ntm
riling me up again❓
in reply to your comment crazy valuations for manica
crazy valuations based **** and. bull information by the bird 🐔.
📍apr 23 podcast
bird to roasties 23% gold produced not nett profit
📍gold production could reach 40kg per month when mining the vein which requires little or no processing
📍never said 2 years max til mine expansion which xtr would be forced to invest in to keep stake in manica
📍 presentation 21 gold everywhere you see
having said that xtr did rank in top 5 miners for gross profit margin and sales growth as i predicted from day 1. and that was upto end h1. so before 80kg to 100kg gold per month.
yep gutted at sale unless bird contract was like a sieve.
glad not invited on inside as would be spitting feathers.
question ❓
what makes success of small copper production different to before
what happened to kakuya❓
yours cruelly
miss deville 😈