RE: Should I stay or should go.....30 Jun 2023 13:45
Dukey and to further hammer my point home,
"During the period between 2007 and 2012, when Jupiter
undertook exploration and conducted a feasibility study,
minimal exploration was conducted for further DSO mineralisation and the potential for beneficiation of transitional zones at Mt Ida to produce a fines DSO product was not investigated. If production is able to commence at the Mt Mason DSO Hematite Project, it is proposed that exploration and development work on targeting DSO would be undertaken to potentially increase the DSO hematite resources on the CYIP tenements, which may increase potential Project mine life."
Page 32 of the IPO document. As soon as Juno makes a decision about that Hematite, RRR's royalty gets triggered.
Size matters with mining because it spreads the fixed costs over a greater volume and therefore reduces the marginal costs.
DYOR