RRR 3.23% 6.4¢ revolver resources holdings ltd

Ann: Strong Progress at Dianne Copper Mine Project, page-10

  1. 1 Posts.
    Hi frader. It's a bit of a one sided conversation you are having here haha.
    I've been involved in this company since before it went public. And to be honest, Its been a "bottom draw investment". I got given some info back in 2019 ( see below) that stated there was approximately 400 thousand ton of untreated, stockpiled ore onsite at Dianne. I have been unable to find where this has been mentioned in any of the announcements. I'm assuming that they would be targeting this stockpile first for the leaching process. Have you seen this mentioned anywhere?

    Ofparticular note: There is significant untreated ore stockpiled on thetenement. This stockpile requires no mining and ranges in grade from 4-6%copper (i.e. high copper content) that is waiting to be processed by thismeans. It is a near-term pathway to low-cost, high-margin revenues andcould be operational in just a few months. There is sufficient stockpiledore to last years into the future. The quantum of this stockpile isestimated at 400k tonnes which would have a current market value of >A$120mat 4% copper.




 
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