Someone's post just got removed and it was very very interesting! Monday could be interesting!
On another thread:
"Harmony's 2007 pre-feasibility study showed a 1.3 million oz gold and below 1 million tonnes of copper. This has now grown to contain roughly 12.4 million ounces of gold and 5.4 million tonnes of copper." Note: I have not substantiated this statement but sounds about right.
http://www.stbarbara.com.au/uploads/tx_rlsortthis/120918_ASX_Presentation_to_Deutsche_Bank.pdf
Its probably been posted before but I like this chart on page 20. It shows the operating mines in PNG and note the major crustal structures and size of the mines. Yes IDC PFS very average but very high probability of resources increasing. You cant take this PFS too seriously in this area because it will get altered as more information comes through. One metric I will be keeping an eye out for is cost of resource discovery.
Im happy to wait on the sidelines and watch the progress. IDC is going to be a long long road to production.
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