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09:06
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Originally posted by T2CupAndHandle:
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My thoughts are, do the opposite of what Suni is suggesting and increase the cut off grade to generate an MRE with a higher grade. To count MEI as a peer you need to be in their sphere of grade which is 2600 ppm, more than double OD6's current 1200 ppm. I don't understand the fascination with having a billion tonnes of ore in the MRE, you will only process 5, max 10 million tonnes a year. So what use is anything over 200 mt? May as well make as high grade an MRE as you can whilst getting 200 mt. MEI's resource areas they are putting into their upcoming scoping study is only around 150 mt!
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Just remember Suni doesn't hold anymore but still keeps coming back to remind us what a dog it is. Interesting hey. Maybe its community service but it doesn't make any sense that he has this interest in reminding us about a stock that he doesnt hold.
