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0.00% 1.2¢ pluton resources limited

humble69PFS used ore reserve of 143mt @ 28% for an 11 year mine...

  1. naaman
    1,557 Posts.
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    09/12/11
    23:08
    Post #: 9419917
    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.
    PLV Price at posting: 19.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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