Ann: World best copper grades from native copper zone, page-190

This thread was a cracker as well !

WW -posted


I do love this bit. I am imaging a few calculators feverishly calculating the daily profits from these figures…….now, the trick is…… how many of these truck loads are there?????

(Tell me why they are doing a rights issue and placing $30m shares at 80c to Rich Lead again ?)


To illustrate the value of the Las Minerale high-grade native copper zone being mined; each dump truck load of 30% Cu ore carries an approximate value of ~A$210,000 of copper metal per truck. With a dump-truck being loaded every three minutes, approximately A$1m worth of contained copper metal is being mined from these high-grade zones every 15 minutes.