NWC 5.00% 2.1¢ new world resources limited

Ann: 10.7m @ 13.7% Cu-Equiv. intersected in South Shoot, page-20

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  1. 873 Posts.
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    I think there is enough intersected so far to assume that it will be economic to developed and mine. Just need to raise money at reasonable prices and get approvals done without delay and money should be made, eventually.

    Hopefully they don't get bogged down in trying to make the resource as big as possible, and just focus on a relatively shallow reserve...say the minimum needed for a decent economic return from a 1 Mtpa operation...to many BFS stage companies burn money on 'optimisation' before they start mining and even know what they're optimising.
 
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