Hi all fellow posters
I just had another look at the 3D movie showing the deposit, (brilliant advance in communications I think) and I notice that it seems to rise to the surface in the centre area .. which might be more copper than silver /lead /zinc, but metal ore nonetheless.
So my question of more knowledgeable posters is:---
Can this deposit be commenced relatively quickly and with low capex via an open cut approach?
Keep in mind that Cannington, as far as I know, has started their open pit and yet they will run out of economic ore in 8 years ... maybe they could use our ore as a blend to keep Cannington going for a longer time? Or maybe there is some other mothballed plant nearby that we could use? ...
A rich but deep orebody would take years and many millions of capex to get going, but if we could start with a pit??
And with this upcoming drilling of (say) 6 deep holes, what are we looking at timewise until the results are known? ... is it a week per hole then a month for analysis? .. that would take us to approx July /August.
Any thoughts?
Hi all fellow postersI just had another look at the 3D movie...
Add RDM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.92M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $37.40K | 235.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 133641 | 5 |
View Market Depth
| Last trade - 15.52pm 05/07/2024 (20 minute delay) ? |
| RDM (ASX) Chart |