Australia's largest stock trading and investment forum Australia's #1 stock forum

C6C copper mountain mining corporation

0.00%

$2.79

Ann: Progress Report, page-4

First 4 Last

Share
Profile

Follow
BobbyKennedy

7,723 Posts.

1809

14/08/18

15:21

Post #: 34928053
Share

Originally posted by eastwest101: ↑

I will have to check, but its not just the formula and metal prices that have to be justified, if the New Ingerbelle announcement was talking about a potential exploration target tonnage and grade (not an economically indicated or measured mineable reserve) then the ASX may have pulled them up on using Cu Eq numbers for a resource that isn't quantified yet, another common mistake is not having the metallurgical information or studies to support how all the metals are to be extracted and at what costs and what recoveries.

Who knows? Maybe under NI43-101 they are allowed to use metal eq but maybe not the current JORC 2012 guidelines. This wouldn't surprise me as C6C are new to the ASX (but not new to mining). Either way its an embarrassing oversight and retraction to have to make.

You are correct in that CDU included minerals and metals that were unlikely to be recovered by traditional techniques, or indeed what the plant was designed for, and that was one of the numerous reasons why they came unstuck.

Expand

@eastwest101 could you kindly email me at [email protected] ?

C6C Price at posting: $1.12 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

DMP

Is Domino's a steal after -25% plunge?

Trump chides Powell as Goldman call for calm. The RBA must be nervous

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Progress Report, page-4

Top Stories

OncoSil wraps up recruitment for key pancreatic cancer trial

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Kula picks up unexplored niobium play in Malawi, with surface samples logged

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Is Domino's a steal after -25% plunge?

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Featured News