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I've been here a while and wondered why so many trolls turned up over the years to criticise Colin.
I thought it was traders trying to bash the price down but, in reality it's ex shareholders he's mugged for their hard earned.
Looking forward to the AGM, I hope the whole board gets whats coming to them.
So we won't have anymore news on fairbride until half 1 ends plus time to calculate revenue.
Only news we will be getting soon is this pre concentration study, which, if its not here this week or next ...... its likely not as great as colin alluded to.....the lashes continue!!!!
They used 16 scenarios of which ALL! where cash positive.
In ground values @
8k 10.4B
9k 11.7B
10k 13B
11k 14.3B
Some will be @.15 cut off and .1!
The old capex was 1 Billion and they will reduce that with the new concentrator study.
I think it is significant that all where positive even not including the Billion cappex.
... More recently, AMT have elected to install dense media separation for pre-concentration at its Copper Creek project near San Manuel, Arizona. Crushing to À13 mm followed by DMS will reject 75±80% of the feed while maintaining copper recoveries of 93±95% [15]. Although the primary incentive for these installations is increased plant capacity and reduced capital and operating costs, bene®ts are also realized for waste management.