humble69
PFS used ore reserve of 143mt @ 28% for an 11 year mine life [Yampi 51mt @ 40% Fe and Wonganin 93mt @ 22% fe]
The 8/Nov announcement indicated the PFS stage two will use 543mt [Yampi 175mt 38.6% fe and Wonganin 368mt @ 19.7% fe]
Is that how you see it? If next evaluation will use the latest numbers then there is very good reason to hope for a significantly improved minelife economics, and a much higher share price. I can see why Anthony Schoer spent 150k on-market and Timeone are willing partners.
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humble69PFS used ore reserve of 143mt @ 28% for an 11 year mine...
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