Ann: New Assays Double Strike Length at Dante Reefs Discovery, page-325

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davmarc

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12/07/24

13:28

Post #: 74726459
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Originally posted by 2ic: ↑

lot of people buying Line's spin, a lot which is blatantly wrong. One could understand the occasional geological gaff, but the last 9 months have been a steady stream of drip feeding out a false narrative about discovery of unexpected copper in a PGE-Au reef, which is demonstrably wrong. Like all good stories though, the steady drip feed of good news is working up to a long-planned finale imo, one which has been, and is becoming more clear as it's fully unveiled in private I'm guessing?

The beauty of the Dante Reefs is that so much information and geological knowledge of what they are already exists. Like the other layered mafic intrusions around the globe, it doesn't take a lot of drilling and mineralogical study to get a handle on the reefs being how mineralogically consistent they form over very large areas. There is so much information and studies on Dante's Reefs, one could put together a reasonable Desktop Scoping Study if you could be bothered. I'm guessing that desktop was done in house before the vend was agreed, only fools wouldn't do a bit of DD before vending in a major acquisition and Middlemas doesn't have a reputation of a fool. (From the interviews and commentary so far, Line seems to be making quite that reputation for himself however...)

Was considering the **anintha Ti-V-Mag deposit feasibility studies as a guide to Dantes Reefs, on account of the similarities of massive magnetite reefs and vanadium + Fe-Ti products etc. There are also Ni-Cu-Co credits worked into a future plant design at **ba that might well mimic the sort of extra kit Dante's would require to produce a base metal con. The upside I see at Dante is decent Cu-PGE+ credits, probable clean Ilmenite product for DSO, which even after transport could add material revenue credits. The downside is obviously stripping ratio or tonnes and transport of either a basic Ti-V-Con or a processed on site final products (Tivan style) on account similar weight of product needs transport after final processing.

It looks to me the grand plan once revealed to the market will be another Vanadium project hopeful, bolstered with bi-product credits to try and rise above the tyranny of distance and thin orebodies... I may get around to putting it all together on the weekend?

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2ic
Speaking of fools, as you do; you are indeed one yourself, as evidenced by you setting up a nice cache of posts for CEO Mr Lines‘ defamation lawyer to get his teeth into.

Accusing CEO’s of deliberately misleading investors is serious stuff. Good luck with your defence.

Last edited by davmarc: 12/07/24

TM1 Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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Ann: New Assays Double Strike Length at Dante Reefs Discovery, page-325

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Battery Age Minerals gets set to capitalise on critical mineral demand

Aurum and Mako Gold pursue merger for gold development in West Africa

Kaiser Reef reports new A1 untapped gold zone – flags move past 'remnant mining'

"Significant milestone:" Resources Energy restarts gold mining, first pour Q4

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Ann: New Assays Double Strike Length at Dante Reefs Discovery, page-325

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The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Battery Age Minerals gets set to capitalise on critical mineral demand

Aurum and Mako Gold pursue merger for gold development in West Africa

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"Significant milestone:" Resources Energy restarts gold mining, first pour Q4

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