Australia's largest stock trading and investment forum Australia's #1 stock forum

nice to have another perspective.. thanks. .

First 253 Last

Share
Profile

Follow
64eheh

8,601 Posts.

417

24/06/15

16:25

Post #: 15523039
Share

Originally posted by nihilism ↑

Ah yes, stand by my comments

Galvanox looks like a good option here if they are saying 90%+ recoveries at a saleable grade (generally above 20% cu, with low lead and low zinc). Even without that however a fine grind with pyrite depression in flotation would have decent results most likely also, however without seeing minerology reports or locked cycle testwork its impossible to say what recoveries are possible via that method and whether the technology risk is worthwhile.

The major issue some might have with cyy is the only earning 80% option and having to pay a 5% royalty.. Esentially meaning only a 76% project interest profit wise. I still think this would be extremely profitable operation if they found their exploration target of 5mt at around 3-4% copper.. Any upside from there would be nice too.

Expand

nice to have another perspective..

thanks.

.
Upvote

Reply

Top Stories

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

PGD

Peregrine extends high-grade gold shoot, sniffs anomalism at WA's Tin Can

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

IBG

Ironbark eyes lithium and niobium opportunities with 7 new Brazilian projects

PXX

Polarx discovers thick sulphide mineralisation at Alaskan Cu project

This thread is closed.

You may not reply to this discussion at this time.

First 253 Last