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25.0% 0.5¢ somerset minerals limited

re: goblin Certainly the metrics of Valhalla + satellite areas...

  1. stockanalyst1
    630 Posts.
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    22/02/05
    14:33
    Post #: 802321
    re: goblin Certainly the metrics of Valhalla + satellite areas is better than PDN.

    The PDN africa play is around 60 million pounds at a grade of 1lb/tonne at a cash cost of $10/lb mining+treatment.

    Valhalla is about 3/3.5 lbs a tonne and already the size of the PDN play. With the new drilling program it could be possible to double that.

    You can always change government policy but not the grade and size of the deposit.

    The 50% partner could lso be worthy of review.
    SMM Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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