its a trap!, page-3

Thanks Vainglorious for the info, however I dont think its been played down by TNV by calling it sulphides. From the great knowledge source wikipedia "A refractory ore generally contains sulfide minerals, organic carbon, or both."

Even if the deposit is mostly Sulphide/Refractory it still has a high value right?

Ampella have a similar size deposit in Africa which is mostly refractory ore and they have a market cap of $130m.....And thats after they have been punnished for their recent problems.

I am just saying that the value of TNV with this resource and future exploration upside is looking well cheap on any measure against any of its ASX listed peers.