Hello. To add, there still remain lots of unknowns (such as how efficiently the ore can be processed, what price per tonne can be received, etc) therefore the more knowns the better. We are taking lots of guesses here. We have not found 2% copper or 65% iron ore. Its some rutile (we don't know well or purely this will be recovered), leucoxene and pseudo-rutile (which sounds like ilmenite leached of its iron; again, we don't know well this will be recovered); we don't know the market prices for these. So for me, it would have been good to put aside the tonnage and general deposit composition aside by this stage because: (i) drilling it out quickly would not have cost much and (ii) drilling it out would be a strong sign of the BoD's confidence in the deposit. I think my feelings are those investors & punters have. But, yes, we are not the BoD and we have never ran a mining exploration company. We are just punters hoping for a free ride.
PTR Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
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.
(20min delay)