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11:36
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Originally posted by Seenitallnow:
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I think many fail to understand both the geology and strategy involved here. KS as well as other targets are not major deposits but rather high grade veins of mineralisation. They are being used by the company to supplement the main DSS deposits to start the existing concentrator which is calibrated for high grade ore. The veins are a bonus and the more we have the more we can mine in the early days to defray the cost of building the large DSS concentrator which will be used over the longer term to concentrate the large Ban Phuc and Ban Khao DSS deposits. Today's Ann is unambiguously very positive and those saying they would have like more breadth or higher grades are not as focused on the big picture as they should be IMO. The DBU PFS is now just around the corner and this will surprise the market with its intrinsic long term valuation. We SH's have much to look forward to.
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Also, with the sheer number of high grade veins on the lease, following them down could easily help with the triangulation of and vectoring in on the feeder zone.
