Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"The limited information gained to date is highly encouraging with a thick zone of anomalous sulphidic shales present in both holes, confirming the overall exploration model for a major sediment hosted system".
Worth noting again "MAJOR SEDIMENT HOSTED SYSTEM" at Cottesloe
GLA
I will make the same point I made before - if another company, based on sheer scale but grades of 0.26g/T, can look to make 40m ounces, then we have here a great chance in the projects we have to achieve positive outcome
Not long now before we have a re-rate
by the way, in the tethyan cooper company case, on further research, i found that, in return for setting aside the award of $5.8 billion, the ****stan govt did actually award the licence to barrik gold. as part of that deal, tethyan became jointly owned by barrik gold and anto***asta.
barrik will spend 4 billion and 3 billion in phase 1 and 2 respectively.
indicated 3 billion tonnes @ mere 0.26 g per/t
- inferred 2.9 billion tonnes @ mere 0.18 g per t
they have 51 years mine life
production estimated in 2028
could pat get a similar deal?
Here too, the sells are peanuts in the scheme of things to unfold here. GLA
The sells are peanuts in the scheme of things to unfold here on the projects. GLA
Must be due soon. Hope to pick up lots more at this price
GLA
Great respect for AGEOS, very knowledgeable, know him from his posts in Omi when I was invested there.
GLA
Sounds like a strategic corporate investor
GLA
You have to click on Susannah Moody which will take you to her article but only if you have a subscription
Check out William Panlilio, Investment Manager, on LCM's Panthera case
Expecting some news tomorrow?
??
They are looking to finance the project in two phases
-phase 1 spent US$ 4 billion
-phase 2 spent US $ 3 billion
Yes- billions
compare grades with tethyan copper company now jointly owned by barrik gold and anto***aasta on their****sstan project.
- indicated 3 billion tonnes @ mere 0.26 g per/t
- inferred 2.9 billion tonnes @ mere 0.18 g per t
they have 51 years mine life
they want to produce 40 million ounces with such low grades
it's their reko diq project on tethyan belt
somehow can't copy their presentation on barrik site
HRY355
Absolutely agree.
Where there is a large scale, as in Cameroon, grades will be irrelevant - just proved in in the case of Tethyan Copper Company.
Absolutely cheap at the current share price
GLA
Somehow can't load their presentation
with tethyan copper company now jointly owned by barrik gold and anto***asta on their ****stan project.
- indicated 3 billion tonnes @ mere 0.26 g per/t
- inferred 2.9 billion tonnes @ mere 0.18 g per t
they have 51 years mine life
they want to produce 40 million ounces with such low grades
it's their reko diq project on tethyan belt
Looks like some are losing patience
GLA