Bailey,
How did you come up with 20 million tonnes if the drilling shows mineralisation 3200m long by 800m wide? If that's the case then 20million tonnes is less than 8m average thickness. That doesn't sound right based on the results released. I think you need more data or to reassess your assumptions.
The resource was modeled by the ex head of Anglo America's exploration division not to mention its pretty unlikely that the resource would be wrong when calculated again by a independent Resource consultancy and found to have increased with more data if your calculations are correct.
You were out by a factor of 10 TIMES. Not just out, 10 TIMES OUT but as I just said above two different independents must have got it all wrong.
I particularly liked the comments from Battery limits in the last announcement when they said "achieving these high grade coarse concentrates from Namangale is very encouraging given that there is still a lot of opportunity for optimisation of the test work program".
Don't recall these guys ever being quoted in a MNS announcement and they've done the MNS work.
No need to tell me what thread I'm on, you're the one who spend their entire day on the VRC forum bagging it to death.
What you're doing is called trolling, plain and simple. No matter what way you cut it that's what you're doing.
It's time for me and everyone else I think to come over to "Wako Texas" as @hellokitty85 termed it so we can talk about "the one in a million Magnis".
Or as I call it the next Riversdale. Riversdale had the world's best undeveloped coking coal asset once upon a time. I could never understand how they never, ever reported a drill result. It was made to look like a one in a million and we all know how that turned out.
I'd say MNS is about as opaque as that one.
You sit there and point to transparency, can you show me a stand alone announcement released by MNS discussing flake distribution at 99.96% TGC? You won't find one.
Happy to discuss what I'm hearing from industry insiders on your thread.
Also happy to elaborate on your new "board appointments' and the "value add" that they will bring to the table in the "constructive" manner that you bring to this thread.
GLTA
sK.
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