The following is copied from a Sandfire report in December:
A report from Sandfire dated 19 December 2012 indicated they had extracted 40,000 tonnes of copper metal at a grade of about 25%. That is HUGE - it would indicate that Mt Hardy is unlikely to be of significance even if the grades needed to be viable are only around 10%. No wonder we are not being told what is a reasonable grade to hope for!!
BUT we still have Mt Peake. BUY for that reason.
TNG Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
