This is a very positive 4c imo
The overwhelming message is that we’re on schedule if not ahead.
Not time wasted during the quarter, the dragonfly continues to spread its wings.
400++ pax capacity now in place with about 200 more to go - fantastic!
My reading The DSO message is “stop dreaming”, this is a billion dollar reality. In time for strengthening lithium prices in Q4 is my interpretation
LTR’s obviously been hiring the most qualified, most fit work force.
It’s the talk of the entire lithium town!
And look at the grade control drills which ensures we know what we’re drilling, where we’ll hit the sweetest spots and achieve the least dilution. We not going to strike anywhere, we’re deliberate.
Everything is like fine wine, things just keep getting better and better.
All I’d have to do is hold as many as I can.
The last 4 weeks has been epic.
But it’s not the first time.
And it’s defo not the last time.
it’s where dreams are made into reality.
it’s where 100 baggers is just the beginning.
Uhmmmmm even the south east weekend drench is like all sunshine in Liontown.
All imo of course, so dyor
—-grade control excerpts below ——-
Grade Control Drilling
Grade Control models for the Mt Mann and Kathleen’s Corner pit were received from Snowden Optiro. The variance between the Grade Control (GC) models and Mineral Resource Estimate (MRE) for both open pits was not material. Noted differences, however, reflect the higher density of drilling and better definition of lower grade material at contacts. Importantly, the strike and width of ore domains has remained consistent between the MRE and GC models.
An infill grade control program for the first vertical 100 metres of ore supply in the Mt Mann underground mine is planned to commence in the June quarter.
Early grade control drilling has enabled the Company to further optimise mining designs limiting potential dilution and improving ore cleanliness, a critical requirement to optimise process plant performance.
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Ann: March 2023 Quarterly Activities & Cashflow Report, page-58
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Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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