Ann: Mt Garnet Tin Project Drilling Results, page-4

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chess1

86 Posts.

11/06/14

11:53

Post #: 13509617
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Originally posted by Recyug ↑

Hi Early,

You are right, those grades are much better than had been originally forecast and will indeed auger well for a positive DFS. Timeline stated in the report indicates a resource update by the end of June 2014 and the DFS before end of 2014. Still plenty of waiting to do, however, i would rather wait and them have the economics right before going headlong into something with blinkers on. Having said that, until the DFS is formalised, they won't be able to finalise funding for production.

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The grades are good! however it seems the times are dragging out.
Production is now in 2015. Question is when in 2015? its opened to
interpretation.

CSD Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Ann: Mt Garnet Tin Project Drilling Results, page-4

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