Selling at the bottom ..I'm sure the bell potter clients would choke to see the SP rip higher and make a few bags in the new year...which I believe it will ....
Today's add was massively positive .....
The planned Colosseum DFS will investigate whether it is possible to sell the mined waste material, either at the mine gate or as a suitably crushed product, to concrete producer/s in the southern Nevada area as a cost offset or aggregate by-product.
It is anticipated that, if deemed to be suitable and long term contracts can be established with local users, potential aggregate sales may have a material impact on the economics of the project by reducing up front capital costs (as sales could commence during the process plant construction) and generating long term income.
On the environment front, the potential removal of the need for waste rock emplacement at the mine site and potential removal or downscaling of a tailings storage facility will both have positive benefits for the project.
Whilst gold production remains the priority for the Company, these additional opportunities will be progressed in the DFS.
DTR Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
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