And the proof you are not here to discuss genuinely for any new people is found in the fact you could not just say "sorry I got it wrong" but instead quadrupled down on the lies. Would have been happy to just leave it there.
So back to Udokan Copper, here's some more info about it that gives a clearer picture:
1. The copper ore located in the Udokan region is difficult to extract; the deposit was discovered in 1949 but was not developed as the technology needed to extract the ore did not yet exist.
2. The Udokan plant will produce sulphide copper concentrate with a 40–50% metal concentrate, according to the company.
3. The Udokan project is estimated to contain proven and probable ore reserves of 1,439.5Mt of ore, grading 1.05% Cu and 10.8g/t Ag.
4. Most of the mineralisation forms as a continuous stratiform horizon representing a synclinal fold with host rocks.The project hosts oxide and sulphide mineralisation, which is alternated in the ore mass. Higher concentrations of oxide ores are identified near the surface in addition to fissures and faults.
5. It also has much harsher cold conditions and snowfall than storm would ever have due to the lack of ocean nearby to neutralise these harsh conditions.
With all this in mind it gives a glimpse into how storm could be in a few years time. Our grade is higher, our metallurgy is far superior (obviously, chalcocite, bornite and chalcopyrite vs what udokan has) & we have less problems from nature to contend with.
AW1 Price at posting:
13.5¢ Sentiment: None Disclosure: Held
