You ARE conservative Hots haha. Reckon she'll get richer with depth Hots and wouldnt be surprised to see 3+ % for the Copper alone deeper down.
The Zinc is intriguing cos that seems to be enriching with depth too ...... as is the Lead ....... and probably everything else as well haha.
Bottomline is gonna be based on what PRODUCTION RATE is chosen for the sulphides ........ and methinks 4 mill tpa is an embarrassment to even consider. An Olympian resource like this needs an Olympian production rate !!! Reckon HNC will be pushing for as much as poss from day 1.
Reckon 4 mill was originally chosen as token 20 years on 80 mill resource. Id stick with the 20 years and up it with resource increase ....... u know, 10 mill tpa if 200 mill tonnes is the number. Thats Olympian arithmetic. Check out what that would do to forecast earnings.
Im still only using base cases for my forward estimates for base metals and uranium and keeping the rest for the likely nice "surprises" along the way.
IMBOOC
CMR Price at posting:
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