Yeah, Tier 1 is 5Mt actual contianed Cu + so not saying we have...

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BaltasarG

4,337 Posts.

1994

26/10/24

12:13

Post #: 76313997
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Originally posted by arsenic: ↑

Tier 1 means one of the largest deposits among other things like grade.
I think the term has become misused due to marketing types. Much like 4th versus 5th the generation in fighter jets.

I have an interest in a Tier 1 Cu/Au mine Cascabel at Alpala and it's struggling to get built because there's a massive fight to get ownership and two of the major Miners BHP & Newmont have their mitts in it.

Oh I know the STB story. I was in it not of much thank God. I've a got a tiny sliver of one of the leases via CVR which is hoped to become a mico heap lease so I understand the concept. However, that's more of a hit-it and hope.

All IMVHO

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Yeah, Tier 1 is 5Mt actual contianed Cu + so not saying we have tier 1 size, but the grade is exceptional.

The DNK was Tier 1 size Potash (many decades mine life) and they effed it up.

Last edited by BaltasarG: 26/10/24

NWC Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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Last 5.9¢		Change 0.002(3.51%)		Mkt cap ! $210.8M

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Yeah, Tier 1 is 5Mt actual contianed Cu + so not saying we have...

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Yeah, Tier 1 is 5Mt actual contianed Cu + so not saying we have...

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