I have been wondering how SPR would mine NN underground and by accident Money of Mine had a good description from about 4min 30 sec below (it was in relation to LTR lithium underground). They imply the method has been used successfully in gold, Nickel and copper mines. They mention stopes of 30m which is what SL mention in his presentation last week.
The key takeaway for me is if this method if used successfully by SPR for NN they may be able to extract a very high proportion of the NN gold which would be a great result and would add major value to the SPR SP - it would make it a much better ore body than BGL.
Interested in other views.
https://m.youtube.com/watch?v=B96mQp0sFQE
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Ann: Updated Exploration target for the Never Never Gold Deposit, page-99
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83.0¢ |
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Mkt cap ! $916.8M |
Open | High | Low | Value | Volume |
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3 | 14030 | 0.820 |
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9 | 110576 | 0.800 |
Price($) | Vol. | No. |
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0.840 | 5000 | 1 |
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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