ANX 4.00% 2.6¢ anax metals limited

presentation - update, page-17

  1. 1,364 Posts.
    marginplayer,

    Groote Eylandt:
    The manganese came from proterozoics
    It was upgraded
    It has supergene enrichment

    Capricorn Southeast:
    The manganese came from proterozoics
    It has been upgraded
    It has supergene enrichment
    It occurs in at least three forms
    1) Bedrock
    2) Laterite - upgraded by weathering an sourcing deeper bedrock
    3) Colluvial fans - mobilised and weathered material

    I have no problem in people starting to get keen on these comparisons. Why? - they may start to see how big this system is at Capricorn and get the feel of why an air of confidence surrounds this stock.

    IMO
    DYOR

 
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