III icon resources ltd

new to iii, page-8

  1. 6,752 Posts.
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    Dear StumpJump and Todays
    Yes I stand corrected this is a 20 year mine based upon current reserves and I'm aware that there are realistic expectations this will grow beyond 20 years with further drilling.
    As I said recently this company has always done what they said they would do also expect further details of a take up offer soon.
    For me if a cornerstone investor was to come on board to fund the process plant would be ideal.
    Tungsten is in hot demand and with the process of mining the old tailings III.AX could be cash flow positive in under a year. This would have to be attractive to an investor.
    I look forward to the offtake agreement that will take this from mining midget to a real player in Australia's export income.
 
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