Sush fantastic intersections and Size and further drilling potential.Check the announcements.Latest hole DORC 106 found 155 Mtrs of visible continuous mineralisation and importantly the orebody continues to widen at depth and holes drilled to 200+ mtrs deep are intersecting mineralised zones of 80 to 120 mtrs . The Les Minerale Inferred mineral resourse gives a Value at only $US 0.30 per pound,{less than 1/10th the current Copper price }, of market capitalisation value of AU $1 billion,so there would be plenty of leaway for a large capital expenditure to bring this one to production and Les Minerale is only part of the resourse.
Is anyone able to shed light on a Capital expenditure figure to bring this massive find into positive cash flow Please?
The current market capitalisation seems low, so I would expect that 'SMARTS' will be waiting to pick up any shares that can.
B2
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fantastic potential. what is the capex needed plea
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