There you go @VinceS2 had already stated it here as clear as...

First 93 Last

Share
Profile

Follow
LongTony

2,780 Posts.

2468

31/07/23

16:32

Post #: 69084837
Share

Originally posted by 2ic: ↑

@VinceS2... well met, and just reading some of your thoughts from a year ago I had forgotten about (where you accurately called out the risk while the thread was too busy high-fiving each other about first ore to WCP to notice). Being a geo I am more focussed on deposit/met risk than the engineers doing what they promise with the big machines they love so much. At the risk of giving away any traded secrets or upsetting potential customers can you elaborate on the following quote for me please?

Specifically the "never been close to before with the tech employed", I assume you mean the DMU's, because similar sized WCP work fine and WCP is really just a simple mechano-module expansion situation way I understand it. In short, what are you referring to, and what's the largest single DMU dozer trap that's been successfully used for min sands that you know of?

Thanks

Expand

There you go @VinceS2 had already stated it here as clear as day: "never been got close to before"

I'm sure he's referring to the mining performance assumed in the DFS and the background view shared fairly widely in the industry that it's never been close to gotten to before

Finally, with the announced raise, the share price is down below my premature ejection from the register in November 2020

STA Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

BM8

Battery Age Minerals gets set to capitalise on critical mineral demand

JBY

James Bay latest lithium player to pivot to other metals amidst lithium slump

CRI

Critica unveils fresh REE hits near Jupiter play in WA – and 5 new prospects

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

KNB

Koonenberry boosts portfolio with gold and copper-gold plays in NSW