Share
2,361 Posts.
lightbulb Created with Sketch. 457
clock Created with Sketch. 08/06/24
17:30
Share
Originally posted by Goodheart:
↑
The most recent annual report now includes the following statement: "Ore reserves maintained net of depletion, with the Mangrove and Acacia East satellite deposits at Koolan under evaluation. Additional potential exists in Koolan Main Pit deeper cuts which are not reflected in the ore reserve estimate." The most recent quarterly report states LOM 3 years (2027) . . . however . . . a s I have posted previously 1. previous CEO Jim Beyer stated in an interview with the ABC that Koolan has a possible LOM of decades. 2. Acacia satellite has already been accessed and several ship loads from Acacia already sold. 3. Mini UG studies have already been done for Acacia and Deep Main Pit. 4. Peter Kerr has stated he is in possession of a wealth of mining data for Koolan. 5. The mining lease on Koolan was recently extended to 2031 with an additional footprint of 143 acres which includes the satellites of Acacia and Mangrove
Expand
Damn fat fingers on these little mobile screens . . . that should be a BUY, BUY, BUY !!!
(20min delay)