POL 2.50% 41.0¢ polymetals resources ltd

Ann: MAC: Strategic Investment in Polymetals Resources Limited, page-24

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  1. 5,052 Posts.
    lightbulb Created with Sketch. 4066
    Yeah - good deal for both, available water where it needs to be, I am working on the assumption that any unmined high grade Cu ore at POL Endeavour will help feed the CSA mill in the future, and any Zinc ore from CSA will go to the Endeavour mill, so the right ore to the right mill that is "tuned"/optimized to recover that specific metal. The Endeavour mill wouldn't be particularly good at floating copper ore and the CSA mill is not really optimized for floating Zinc and Lead so no point sending metal out to the tailing dam when your next door neighbour can extract it better.

    Holding both MAC and POL.
    Last edited by eastwest101: 30/05/24
 
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