ESS 0.00% 50.0¢ essential metals limited

For frustrated PIO shareholders, page-20

  1. 2,776 Posts.
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    Looks like there's little doubt mining will proceed.
    Hopefully, this gives you some respite @groundzero.
    The microcline will need to be heavily assayed to determine the grade and any variation in that grade throughout the strata to arrive at a marketable quality statement and hence price.  This would be a big job and may be taking a while.  I'd imagine, once an average grade is derived, there will be buyers interested in a high-quality K feldspar ore.  If this mine kicks off in July, then we will be done by end of year or thereabouts.
    As DC has said, this is the most ideal mine for a junior company. Open pit, shallow, high-value main ore and saleable overburden and peripherals.  Doesn't get much better than that.
 
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