"CdB
Mark likes this about best of all - 150KT of copper proven (non JORC) with 1MT expected. JORC on 150KT to be done this year - inferred JORC or better (it is a continuation of the proven resource) could be hammered out by mid next year.
Copper is sitting at the surface, and could be collected using bulldozers. Price to pull it out of the ground is about 1 cent per pound which would make it quite profitable (!!) - especially with current commodity prices."
Firstly
1) how can you have something proven that is non jorc.... super confused!!! proven is the highest RESERVE status for jorc... and then you tlak in terms of trying to reach inferred which is the lowest of the low in terms of resource definition... makes little sense - please clarify for the noob that i am?
2) 1 cent per pound... lol. THere is a good chance your numbers are wrong. Cost costs for even the cheapest copper producers today are $1/pound...
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