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9.3¢ meteoric resources nl

Ann: Exceptional REE Drill Results Outside Inferred Resources, page-85

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ozbucheron

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01/02/24

10:12

Post #: 72178603
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Originally posted by ChinaSyndrome: ↑

Yes it is possible !

There is an awful lot of work to do before any mine starts operating, and it will require a huge amount of time and money, the sooner they concentrate on that the better A fairly good example of over exploring a project was Lihir; initially owned by Kennecot and Niugini Mining After the first years drilling (1983) they had already confirmed the monster but the Geo's continued exploration for a further four years, they did not let the Engineers loose on it until 1987 and by 1988 Rio took it off their hands !!!!! RTZ then had to spend another 4 years re-engineering the Project. ( admittedly it was far more complex than Caldera will ever be. But I fully expect engineering will take at least 2-4 years ).

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@ChinaSyndrome

"There is an awful lot of work to do before any mine starts operating, and it will require a huge amount of time and money, the sooner they concentrate on that the better"

Which of:

- Scoping Study scheduled for completion in Q1 2024
- on-going metallurgical testwork
- infill drilling
- environmental permitting work
- Q4 2025 construction permit target

is not concentrating on that?

MEI Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
10 Upvote

4 Great analysis

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