crusher, page-37

""The native copper mineralisation is widespread and economic zones have been noted down to 90m, not just near surface and a minable mass of over 5mt has been delineated.""

AKA,

I fail to get my head around those figures mate. Because if we have 5mt of native copper mineable mass, if mathematics is not an opinion and our Native Copper is about 90% pure or even more, we would come up with figure of at least 4.5mt of native copper alone.

And yet we have had a report released by the company that we will be mining at the rate of 3mt per year and at an expected rate of 3% copper equivalents, thus giving us a total copper equivalent amount of approx. 90,000 tons of copper to be sold.
Now if we are to multiply that 90k tonnes figure by ten(10), we would end up with an amount for the first 10 years of mining of 900,000 tonnes of copper.
(3mt X 3%) X 10 = 900,000 tonnes of copper.


A FAR CRY from what those figures you have posted mate.

And then, on top of that, we also have all the "non native copper (5mt of higher grade chalcocite)" figures to contend with which I haven't made any mention to, or calculated as yet either because my hand calculator may not be able to handle it any more.

And yet, here at CDU we haven't upgraded our JORC as yet to incorporate those figures where, in any normal circumstances any CEO would jump out of his skin in trying to tell the market.

Hence why, in a previous post of mine I stated that I would prefer to take notice of a chartist comments, (EVEN IF I DON'T BELIEVE IN THEM), over a Broker or an Analyst.

DYOR!!