NRZ 0.00% 1.3¢ neurizer ltd

re: mtn - getting on with it. Mt Gee is Granitic and Quartz...

  1. 162 Posts.
    re: mtn - getting on with it. Mt Gee is Granitic and Quartz Hematite Breccia.
    Its damn hard.
    The Uraniumbull and wrxsti are not greenies.
    As can be clearly seen we actively support and have invested in AGS.
    I dont want to down ramp your stock.
    or appear to take sides in this long running argument.

    However the economics of mining this deposit are not good unless you can make 2000t profitable.
    Prices really need to rise significantly if Mt Gee is ever to get off the ground.

    Dr John Santich has to be supremely optimistic if he thinks he does not have native title issues.

    Likewise digging the most famous landmark of the northern flinders ranges, will not be easy if not impossible.

    Arkaroola Sanctuary, is a wildlife Sanctuary.
    Mining cannot occur inside a wildlife sanctuary.
    Its not a national park but it is pretty close.

    So unless they can annex it off like Jabiluka or Koongara, its already partially locked away.

    The Sanctuary status can be removed but it would face massive public opposition.

    I won't be putting my hard earned cash into this one.



 
watchlist Created with Sketch. Add NRZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.