Also reading a bit about the Anthony Moly project the following...

Also reading a bit about the Anthony Moly project the following is of interest:

# Current MO prices of $26,000 per tonne (has been creeping up from $14,000 since 2016).

# Previous inferred JORC resource of 77,200 tonnes.

# Porphory currently defined by an area of 600 x 800m but there is speculation that it is open at depth & laterally.

# Donut shaped resource with higher grades spread throughout in 15m + intersections.

# Zamia had commenced a scoping study in 2011 (incomplete) & had created a preconcentrate grade of 973ppm MO.

# Oxide resource (lower grade) would have to be mined before getting to the sulphide resource (higher grade).

# Zamia concluded that approx 12.5% had been drilled of the prospective mineralised system.

# Normally porphory deposits can have multiple "pods" e.g. Cadia, Northparkes, etc.

It appears there is immense scope for this project going forward with rising MO prices. A lot more drilling especially DD type req (infill, extensional & scout). Look at what Roger is currently doing with previously Tasmanian mothballed projects. A long way to go but maybe right time - right place scenario.