ANX 0.00% 2.6¢ anax metals limited

forget the charts - look at hard facts

  1. 4 Posts.
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    Hey guys, here are some hard facts to swallow. The average yield of the results published is 15% (that's very low). The upgraded Mn grade is also very low. So low infact, that I would say it is unsaleable. There is no mention of Fe content either. This could (and probably does by the fact that it is not mentioned) make the "ore" even less palatable. Take note of the chip size too. Less than 6mm! If the Mn doesn't liberate by 6mm, then forget it.
    In a nutshell, lots of work to recover a small percentage of very pulverised rubbish grade material from a steeply dipping ore zone (high mining costs). Hmmmmm.
 
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