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3.70% 8.4¢ heavy minerals limited

Ann: Drilling at Port Gregory & Red Hill to Commence in November, page-15

  1. Cookiemycat
    586 Posts.
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    26/11/22
    12:54
    Post #: 65003648

    True that. Do you think red hill mineralisation will be different to port gregory? Like less garnet and more ilmenite & zircon. Satellite view image show different colours of the sand. Also increasing mre at PG should definitely take us close to 350mil NPV. Btw SS is taking account of diesel generators for energy but RDG has grid connected for energy and there are wind turbines nearby. If they can get grid connect to PG then that will reduce CAPEX by 10mil.
    HVY Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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