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Ann: Visual copper intersected over 933.6m Bottletree Hole 5, page-199

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  1. 5,642 Posts.
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    Allseasons, you are correct. Permits are required and you've not missed anything.

    The talk about income was in the future. I didn't say now or a time frame.

    To all, its there intent. Not at the moment.

    The build out once permits are in place, will mainly be earthworks.

    If toll treating there will not be a long leed time on plant.

    They will need to further explore the south end of steam engine.

    There planned mine sits ontop of tertiary gravels, the old plan I believe came out before those gravels were found.

    Little is known on them, just geologically they exist.

    I wonder based on cash, if there more interested in proving up a rough resource or scope at bottletree?

    Ie. A rerate off bottletree before a toll agreement for steam engine?

    They will need to raise I think around 7m to 10m to progress mining at steam engine and it would be advantagous if bottletree had increased the sp first.

    Based on there present spend and cash, they have funds for 12 months minimum. So no worries on a cr.

    Any thoughts on timings?

    Just that Peter seems to be the Conservative type as far as dilutions are concerned compare to others.

    No complaints there.
 
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