What are your thoughts on cost of extraction based on the results that you have seen now. With only 10% of the 40 results at your disposal, no one will hold you to anything, but it would be good to know your calculations on:
Extraction methods are required to be assumed to be able to account for the capital costs of the plant necessary for the extraction. What have you allowed for in your calcs on this? What is your estimated life of the mine that you plugged into your calculations?
All this information, even if back of envelope stuff, is required to be assumed to come to a conclusion that this is a "monster in the making." It would be great if you could share this info that you have considered.
And to predict your response, I'm not going to offer mine as yet because I haven't made any grand statements about this greenfield as a "monster in the making."
ENV Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
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