Actually pretty interesting - they have 200,000 tones of waste dump material at 0.6% WO3. The dollar value of each tonne looks like its over $200, given that WO3 is selling for $36,500 per tonne (see Wolf Minerals presenation at http://wlf.live.irmau.com/IRM/Compa...313/WLFInvestorPresentationProactiveOne2OneUK ) . Arunta's grade at 0.6% is 5 times that of Hemerdon. Is it big enough to justify digging up and processing? Don't know.
Ann: Quarterly Activities and Cashflow Report, page-2
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