AMD

0.00%

0.2¢ arrow minerals ltd

So, after this beautifully constructed essay, you're basically...

First 580 Last

Share
Profile

Follow
Skills1492

607 Posts.

107

29/08/24

22:39

Post #: 75444353
Share

Originally posted by Black Cat: ↑

David Flanagans original focus was Pilbara style hard rock iron ore not canga. Long before AMD had really focused on canga (because as I predicted unlikely any high -grade hard rock at Sim North ) I had identified the canga potential based on the exceptionally great work by Sable -as far as I am concerned the Bible on canga in Guinea. David hadn't even read it and I am not sure he or his team have now. Nor did he understand the extent of canga in Guinea which is clearly visible on Google Earth across about 70% of the Guinea land mass. Then he pounced on canga but it's all low grade across the tablelands -struggle street when there is miles and miles of high- grade DSO canga.
Sable proved about 200 million tonnes of 59% Fe canga JORC within which about 20 million tonnes of 62% Fe all of which is simple DSO that doesn't need expensive capital cost to beneficiate. With similar multi -user rail and even road a short distance to a number of Liberian ports. HPX are spending $3-5 billion on new rail network. Or they were before iron ore collapsed
If AMD are going to be successful with iron ore in Guinea they need to change their strategy - focus on the high elevations where you get high grade canga in streams as Sable have from Mt Nimba in most cases 62% Fe and as we do at Beyla with elevations like Simandou. Or the high grade hard rock like HPX have with 400 million tonnes of 65% Fe within which a significant tonnage of 68% Fe. Or like Arcelor Mittal shipping out of Buchanan.
Anyway it's all academic -no doubt in my mind AMD have switched horses to bauxite and that won't work either -with every passing day patently obvious China is melting down -even Temu now reflecting a big drop in consumer spending. It's all gold -the only game left in town.
I will bet its gold next for AMD in Guinea

Expand

So, after this beautifully constructed essay, you're basically saying Flanno is wasting his time. Roger that, im selling tomorrow.

AMD Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BUX

Buxton projects new graphite province discovery at WA Narryer play

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

There are more pages in this discussion • 123 more messages in this thread...

First 580 Last

Add AMD (ASX) to my watchlist

(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $25.37M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$500	250K

Buyers (Bids)

No.	Vol.	Price($)
152	509328098	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	32337378	10

View Market Depth

No.	Vol.	Price($)
148	494295066	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	32168378	9
0.003	446691214	70
0.004	54434206	32
0.005	39107296	17
0.006	38529748	23

Last trade - 10.00am 04/10/2024 (20 minute delay)

AMD (ASX) Chart

So, after this beautifully constructed essay, you're basically...

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

So, after this beautifully constructed essay, you're basically...

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News