Hi Paul,
Just a quick one that you may like to pass comment on.
At Ancuabe we know that tenement 5336 contains large and jumbo size flakes (85% larger than 212um) and along NE strike from the old mine. Of course how much is there is still unknown. The VTEM surveys done do indicate promising results. Initial samples taken from Tenement 5380 proved to be of smaller flake. That still leaves 5305, 5934 & 6537 (I think the licence applications were granted on the last two.....though I can't find it anywhere). In a nut shell we really don't know what we have at Ancuabe yet.
Now from left field........YXCG require 100kt's p.a of NOT LESS than 150um.
We may be able to supply the required product from Ancuabe (if the metallurgy proves to meet customer requirements).
It's all close to the existing AMG/GK processing plant (within a few Kls) so one would imagine the saving on haulage from Nicandra would be significant. The processing plant was recently upgraded but would it be able to handle this volume in your opinion?
We may not even have to go to Nicandra initially to satisfy YXCG.
Just a passing thought.....hope it makes sense.
Mike.
- Forums
- ASX - By Stock
- Key to the SP rising?
Hi Paul, Just a quick one that you may like to pass comment on....
-
- There are more pages in this discussion • 8 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 TON (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $18.82M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $21.04K | 1.913M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1178920 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 999798 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1178920 | 0.010 |
6 | 1251111 | 0.009 |
4 | 1182863 | 0.008 |
5 | 649619 | 0.007 |
4 | 848475 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 999798 | 4 |
0.013 | 500000 | 2 |
0.014 | 1299399 | 2 |
0.015 | 382429 | 1 |
0.016 | 162826 | 2 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
Featured News
TON (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online