I've got a feeling that some traders are going to use this TH as a reason to try to dump the sp down. Probably a bunch of unfamiliar usernames on AZY threads will try to downramp soon
I still think the most important point is, how valuable is the Calibre/Magnum deposits in relation to the 1st Phase of the Winu Project?
For Winu's proposed 7mtpa mill, how many millions of tons of Calibre/Magnum ore do RIO have in mind?
A substantial resource upgrade is on the horizon for Calibre, will the grade increase...I think that it will
Ask those in the industry, if RIO are spending on a junior, almost $40 million in 2 years for a new copper/gold project in the Pilbara, most will say it's a given that a new mine will be created
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