CBE 0.00% 7.0¢ cobre limited

Ann: Vertical Continuity of Cu Mineralisation Confirmed at Ngami, page-116

  1. 2,095 Posts.
    lightbulb Created with Sketch. 913
    It IS very interesting and worthwhile to have a look at SFR's recent reports and presentations (regarding its Motheo Copper Project/Mine):

    https://hotcopper.com.au/data/attachments/4636/4636977-7353e5ba8a605b5c54fc5b441b39301e.jpg
    https://hotcopper.com.au/data/attachments/4636/4636983-978b74fb5d3863dd5c7317dbb3303010.jpg
    https://hotcopper.com.au/data/attachments/4636/4636984-90117d8fc3b0ebd7f0cc0a719cb14320.jpg
    https://hotcopper.com.au/threads/ann-fy22-financial-results-and-motheo-expansion-dfs-presentation.6925111/


    Above is their CEO's presentation at Diggers&Dealers. From 17:45 mark he starts talking about SFR's Motheo Project at Botswana:
    .....
    "...to bring in at this project all brand new kit whether it be mining fleet, processing facilities so every single thing that sits in Botswana at this facility is brand new.. we expect to be there for many decades...the processing facilities world class construction state of art very simple processing route also expendable even beyond that 5.2mt/pa and what we will be doing here is be chasing big volumes and relatively speaking lower grade. We are running at potentially 1 to 2 percent copper grades ..."
    ......

    So a question to myself is if Motheo's LOM of combined T3+A4 Deposits is 10 years ONLY as indicated, and the processing facilities are expendable beyond 5.2Mt, and they are going to be there for many decades (a wonderful jurisdiction to go and operate in per the CEO), so they will obviously have to find more district scale copper deposits within their own tenements (largest holding in KCB region) to be able to last many decades, but if not, then what CBE's potential discovery (at Ngami) will fit in perfectly from perspectives of big volumes and 1-2 percent copper grades!
    Again it's purely speculative only (at this stage) but very interesting nevertheless..
    (pls always DYOR)





 
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