JML 0.00% 75.5¢ jabiru metals limited

might be interesting, page-6

  1. 29,310 Posts.
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    re interesting -hardrock, cdchi1 hardrock,
    50c in 6 months? More and sooner, I hope.
    All exploration results are a bonus, now, and I have a feeling that mining will commence elsewhere than the planned Jaguar box-cut.
    Daimler has me particularly excited because of the relative shallow depth and the length of the drilling program. Although the Zn grade was low in the discovery hole, the posibility of a copper open cut doesnt seem too silly to me.
    Then we still have an unexplained large "off-hole" conductor at Snowy's South (identified by Inmet) that has so far eluded us. The next couple of months will be exciting. Pity it takes so long to get the assay results.

    cdchi1 - financing should be no problem. I was told weeks back that parties were jostling for the concentrate off-take, and some were offering to finance. I dont know if the finance was necessarily conditional to the off-take.
    Pity Newmont didnt offer finance as well, but their deal takes care of a lot of other loose ends that JML now wont have to worry about.
    All looking good!

    Cheers
    GZ
 
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