Very happy with this announcement. This deposit is significant. It's not small at all. 159 million tonnes at 1.1pc. San Jorge at potentIally 50pc. Do the sums. If they mine this gigantic deposit over 20 years (just San Jorge even disregard the rest), this mine has the potential to produce more per annum than Nova. If you don't know what Nova is, stop investing in resources.
This little minnow is going to get serious attention. Very much look forward to the finance deal. I'd be very surprised if this is not taken over within 12 months (albeit would need management on side given the fantastic job and relationship with Government and landholders).
This is very very positive news.
Very happy with this announcement. This deposit is significant....
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