Now that my annoyance has subsided at this announcement not being released as price sensitive (@#$% BOD what were you thinking!) I have had a chance to look over the announcement again and it's not as bad as my initial sentiment towards was.
Firstly, remember TREO is just useless number that people like to throw around as most of those rare earths are worthless. It's only the MagREO that we're interested in and this is where our numbers are not bad. Highlighted yellow numbers actually stack up quite nicely. Assuming a 5mtpa mine that gives us a 16yr / 10yr mine life, not great numbers ideally want 20 plus. Our resource is still open so it can be expanded on but it's those MagREO numbers that are actually not so bad.
- Forums
- ASX - By Stock
- Ann: Maiden Inferred MRE for Mia Prospect
Now that my annoyance has subsided at this announcement not...
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRD (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.784M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MRD (ASX) Chart |
Day chart unavailable