DSE 4.93% $3.28 dropsuite limited

tennant creek hotting up, page-3

  1. 7,675 Posts.
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    Hi Ashwil

    My bet is Anglo will pass, looking past the headline numbers IMO the resource isnt as good as it looks on 1st glance.
    1m+ Oz AUEQ, its the equivalent part that needs looking at, seems they have counted half the periodic table in order to bring the numbers up

    Total mineral resource = 5.33m/t grading 2.1 g/t au the bulk of which is inferred

    At those depths it is questionable whether this would be economic. Sure they have more exploration to do and i wish them well BUT i wonder what EXM's resource would look like if we included silver, cobalt, bismuth and copper and reported as an AUEQ
 
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