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Ann: 102 MT INAUGURAL DREDGE MINING MINERAL RESOURCE ESTIMATE, page-40

  1. 4,660 Posts.
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    @Autosime

    One of the line out of all 18 pages says: " For perspective, a dredge mining operation on the lower end of the scale at 1,200 tph would require an Ore Reserve of 90-100 million tonnes to achieve 10 year mine-life. " on page 3 of pdf.

    In order to gain confidence of day to day investors it would be more beneficial for company to provide a simple program showing combine mine life of each asset they own for new/existing investor to understand that there is possibility of longer mine life beyond atlas. This should be provided with all announcement in future regarding exploration / resource update.

    They may have provided this in past but they should be providing/updating it with all new announcement so all new shareholders get hold of latest announcements instead of going back in time and check which many new retail investor won't do ... IMO.
    SAMPLE ONLY
    Site2021/222022/232023/242024/252025/262026/272027/282028/292029/30
    BExisting mining operation






    Atlas
    Construction commence Aug/Sep 2022




    Bidaminna


    Under investigation with potential for 10 year life of mine
    Calypso








    Titan








    Last edited by JPGuru: 08/04/21
 
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