I just received an email reply from BB and my question related to the anticipated resource of Flemington and was, "with 99% untapped, could we expect 277.7 tonnes of contained cobalt nickel based on the 1% resource estimate from 2017".
This obviously would make it 300% larger than Sconi at present.
His reply was "that we anticipate substantially increasing Flemington's resource after further drilling, BUT and here's the exciting news team, "if we are honest, and assume that we build a 2 million tonne per annum plant (being the same size as Clean Teq) we only need to drill out to a 4o million tonne resource as that would give us a 20 year mine life and at today's prices, generate something like US400 million per annum ".
He also mentioned that there's a lot of interest in the AUZ story from UK and USA and has been fielding many calls from Canadian investors
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.789M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $924 | 118.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 20002034 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4307268 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 20002034 | 0.007 |
25 | 42594224 | 0.006 |
13 | 5545199 | 0.005 |
10 | 7459859 | 0.004 |
2 | 2400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 4307268 | 12 |
0.009 | 5662994 | 16 |
0.010 | 3066991 | 19 |
0.011 | 1762799 | 12 |
0.012 | 4297167 | 7 |
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MD - Shanthar Pathmanathan, Geologist - David Trabert
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Geologist - David Trabert
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