OK, I see your point, but Sov's is a pipe dream and unlikely to be achieveable for some time.I should have said "could dwarf" .I have read Sov's PFS, and good luck to investors in it.B SM could probably quote 60,000 tons per annum,but are more realistic in their projections.As with many mining operations, the operating costs are based on achieving the 44000 tpa for economies of scale.
When you look at BSM's predecessor, your realize the difficulties that can emerge.
The thing is we don't fully know BSMs full potential but it is highly likely to be able to produce 6000 tons pa, and very likely to produce 2000 tons pa in the near future.
44,000 tons annual production from a saprolitic host -big problems to overcome,including transport-having to cross Moazambique to get to a deep water port .They are way behind BSM in terms of actual production.
If Sov can get their, I will be an investor,but I'd rather have my $ with BSM right now.
BSM Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
