We'll all know within 4 weeks.
Personally I can't see the Indonesian Authoritories delaying Talang Santo
further because it sounds like KRM has met all the requirements and that
the local community is in favour of an early restart. ( Miners are working
on half time)
I could appreciate your skepticism if the community was against the project
but in this case, the mine is the chief local source of income.
From what I know about Way Linngo, I believe that there is an option later
to divert the river rather than mine under it. Perhaps someone with more info could comment.
From past drilling, a the rich silver vein (3600 g/t) with lower gold,
has usually high gold content underneath . Feedback
from my questions seems to indicate that the propability is high that there is
higher gold content under the high silver vein top. Also drill results in clay-quartz tend to be lower than the real thing because of drilling washout ( see
previous KRM ann.)
Narrow vein mining, although more difficult than open pit, is away more economical. For example an open pit mine with say 1.5 g/t has to quarry
30 times more rock than a UG operation with say 9 g/t narrow vein UG operation
(open pit has usually 5 to 1 overburden)
With the cost of electricity and quarrying nowadays, the UG operation is away
more efficient;( kind of like open heart surgery vs keyhole).
Cheers
Moorookamick
- Forums
- ASX - By Stock
- KRM
- Ann: Way Linggo Project Update
Ann: Way Linggo Project Update , page-13
Featured News
Add KRM (ASX) to my watchlist
|
|||||
Last
4.5¢ |
Change
0.003(7.14%) |
Mkt cap ! $33.86M |
Open | High | Low | Value | Volume |
4.2¢ | 4.5¢ | 4.1¢ | $60.82K | 1.445M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 152253 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.044 |
2 | 680000 | 0.043 |
2 | 389627 | 0.042 |
2 | 516271 | 0.041 |
7 | 591816 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 152253 | 2 |
0.047 | 275000 | 2 |
0.048 | 5000 | 1 |
0.049 | 199000 | 1 |
0.050 | 350001 | 2 |
Last trade - 15.38pm 12/07/2024 (20 minute delay) ? |
Featured News
KRM (ASX) Chart |