I can't help but wonder if the processing plant size is the...

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Pistelero

293 Posts.

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11/04/24

13:32

Post #: 73296404
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Originally posted by RedRooster2: ↑

In my opinion this updated mineral resource evaluation of the Finniss area has franked the Project and will enable the company to now set its sights on future development with confidence, it sure has given me more certainty and direction.
The Finniss Project will restart in full and when it does it will be in a much-improved sector with a much-improved operation relating to mining & management, the project has always been a majorproject with a quality & quantity of resource that is still building and being explored and then there is of course a location to die for.
The Project in time will reach its full potential as will the company (not considering any corporate action?) and that's not even factoring in Core's full portfolio which the in-progress review has identified that further exploration & attention will be directed to these assets.
Very encouraging news and has made my day and I know there's much more to come and still at 16.5c.
My opinion & GLAH.

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I can't help but wonder if the processing plant size is the problem here !!
Won't matter how big the resource is if it can't be processed at a rate that is profitable with the new/current prices this thing is going no where !!!
If we can process it in darwin however let's say to a 99% cathode powder so we can make batteries then that's another story !!!
Hopefully the new chief minister Eva Lawler can cut the red tape and get this new port and all its projects up and running as soon as possible!!!
She has however been left with a bit of a shit show to sort out after the last two clowns Gunner and Fyles have left her to sort it out

Last edited by Pistelero: 11/04/24

CXO Price at posting: 16.5¢ Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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