Geez ther eare a lot of negative pple on this thread. EVERYTHING is not worth an argument ... heard of choosing your battles??? Obviously not ....
Personally I am VERY encouraged by the shallow mineralisation at Aruwurra. I calculate that there is 6mt of easily accessible mineralisation (using the 10m@24% and 9m@23% holes, and calulating 1,100m long * 300m wide * 10m deep * 1.8 SG). There may be more ...
I am also encouraged by the fact that this project has a route to an unconstrained port. If (hypothetically) it was adjacent to a rail line in Qld or WA it would be a helluva lot harder ... prefer to sort out trucking and then have a free run on the rail / port than have to compete with established players for rail and port use ...
Apologies in advance if this offends anyone, but I also hold quite a few shares / options.
new information from announcement, page-20
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