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MOD presenting in the UK, page-4

  1. 3,055 Posts.
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    Thanks for the link, all very exciting now. I’m surprised they didn’t do a bit more of this marketing previously (before the cap raise). Better late than never.

    T3 seems like it has a lot going for it - that calcrete cap makes it quite economical as it means no oxide ore, all sulfide ore, great metallurgy (40% grade concentrate) and low strip ratio. There was some somewhat contradicting comments on the size of T3 in there - firstly there was a comment that the 36mt resource used in the PFS is likely to change considerably in the next couple of weeks with the updated resource. But the last comment was we want to prove this is a copper belt and not just a tiny T3 pit... let’s hope there’s a decent jump in tonnage and grade in the next couple weeks (to underpin the $80m EV as is today).

    The regional exploration upside looks huge.
 
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