Pg76, the 23 to 24% is the concentrate grade, the final product, which is quite poor.for concentrate you should be targeting 27% to 30%. some ore types you can achieve 30 % plus.
They say they have two holes drilled but have not give the assays?alarm bells ringing..
You can work out the past head I guess from the previous figures, but it would be ball park as the recoveries look like they were all over the shop.
My question is ( to slack to look up) has this management operated a mine and process plant before, do they really know what they are look at?
Would have liked to see a photo or two of the pit as well. They haunt milled a million tons yet but are 360 m deep, must be small hole.
- Forums
- ASX - By Stock
- EDM
- great acquisition
great acquisition, page-39
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EDM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online