SVM sovereign metals limited

Ann: Kasiya Confirmed as one of the Largests Rutile Deposits, page-3

  1. 2ic
    5,923 Posts.
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    Very close to my resource estimation, accounting for the fact no areas under towns and infrastructure have been removed from the global figure. About 2/3 of today's global 650Mt would make it into minable reserve imo after excluding towns, major villages, main roads, drainage channels etc.
    https://hotcopper.com.au/posts/53290933/single

    The 140Mt @ 1.4% Rt figure is only a mathematical addition of all the block model cells above a higher grade cut. many cells will be deep and/or seperate from other higher grade cells and could only be mined from surface with dilution from lower grades and averaging down with lower grades of adjacent holes inside a sensible open pit area. That is, 1.4% is the best high grade pits of variable sizes scattered around Kasiya one would expect. Obviously approx 1/3 of this figure likely underlies towns, infrastructure etc for which future mining doesn;t pay to shift them.

    Let's see who chases this release... surely there has never been a more obvious buy the rumour, sell the fact situation?
 
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