A mine producing a pathetic 50 ton per day. Whats that? 1100ton per month. Two shipping containers if bagged. One double per month.
Tell me Sky. Could that same truck hull 2000 per day?? (400,000 - 800,000 ton pa????) That takes a lot of truck and or containers. A decent haulage company.
Get even to get that tonnage. You need underground mines. Lots of them. All these veins look to be down dip of about 60 degrees.
That little two bit mine picture featured in the Sept preso aren't going to cut it.
I practically like the ventilation on the left. (page 12)
Please tell me how this sad looking little mine will increase output 500% near term to your 250ton per.
It can't. Not with out a decent Capex. A continuous miner or new machinery and an engineered mine plan. Which means drilling.
Just of an ore body 100 -200m long and 2-3 m wide???
I'm wondering why the Shen wed site says 46 holes drilled 2009 - 2013 but AIW are saying this.
"Modern exploration has been undertaken by Shenglong International between 2009 and 2013. The company has completed surface mapping & sampling, 16 drill holes, 9 trenches and underground sampling"
I guess the other 30 holes had nothing to report!
You and this company have zero proof of an economically feasible resource. Non!
It's a sell job at this point. That's it.
If you had a driven management team of mining exerts with a proven track record of meeting targets.....Then......With a hell of a lot of faith and risk....Maybe.
But you don't! Do you?
Many know exactly what you have here
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