The Jorc at present comprises of 1.5 -3% @ 5-6 mt , the next upgrade i estimate should show around 5 years production mid to premium DSO....I'm please d you have no association with SMM LO most would agree knowing their History of being very LO ...for example the average rate of pay in the Philippines is 350 pesos a day they pay their worker,s 175 pesos a day , any reason why they should want to pay Solomon Islander workers any Better None i can think of....this is most likely why the operation is so so Viable for SMM they use slave Labour. then they insult the intelligence of the Solomon Island people by wanting to pay gross royalties of 2%.....thank heavens you are not associated with that Mob....cheers
AVQ Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
