Ann: Suspension of Operations at Nifty Copper Mine, page-100

  1. 3,270 Posts.
    lightbulb Created with Sketch. 2209
    Yeah, I mean one could argue there are some slightly bullish assumptions in that $90m though even if it’s just half that this is way under valued. Though early days given the drill results I could see a scenario where Bell50 is even better than Area5... the grade just seems to get better at depth, this is how fosterville went from barely break even to absolute cash machine when they uncovered the swan zone. Few of the latest bell50 results below..

    30.1m @ 4.58% Sn
    15.0m @ 3.30% Sn
    14.5m @ 4.10% Sn
    10.5m @ 2.54% Sn
    10.3m @ 7.65% Sn
    10.0m @ 2.47% Sn
    8.80m @ 2.80% Sn
    8.71m @ 5.21% Sn
    8.70m @ 5.01% Sn
    8.50m @ 2.30% Sn
    Last edited by Cashmeoutside: 27/11/19
 
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