re: Ann: Mako Mineral Resource Increase and B... I must admit to being surprised (pleasantly) to the positive reaction to today's announcement.
There is no reference to recent mining results - surely overdue.
The resource has only grown by 9,500 ounces after all this drilling effort and much of this is attributable to reducing the average grade (from 10g/t to 9.5g/t).
The reference to "difficult ground conditions have been encountered to date in the mining of the Mako Fault mineralisation" without elaboration sends off alarm bells.
Hope I am just being the devil's advocate, but I was expecting better news, particularly on the mining front which is what counts at this stage.
- Forums
- ASX - By Stock
- Ann: Mako Mineral Resource Increase and Britannia
re: Ann: Mako Mineral Resource Increase and B... I must admit to...
-
-
- There are more pages in this discussion • 10 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 CGT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online