ERN erongo energy limited
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grades

  1. Bluegoose
    3,235 Posts.
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    17/09/07
    14:18
    Post #: 2812316
    Check out the BMN announcement today.

    Their base case scenario is very economical with a head grade of 219ppm.

    There is hope for ERN yet.

    Large tonnage low grade surficial deposits will be where the action is in coming years. Plenty of higher grades being found around the place but rarely enough tonnage to justify a mining operation.

    Happy to hold ERN - let's see what the balance of Area 1, and Area 3 yield.
    ERN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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