Originally posted by Samboy69
Go to guy says, PONY UP ladies!
SSwan ore reserve statement states a grade of 9.08% not 0.72% as you claim
My statement
is 100% accurate, you have once again deliberately & incorrectly added in the low grade BSwan ore to average down the grade % which I specifically excluded as this is not proposed to be mined or tolled, only SS ore, I also notice you have also ignored the emily ann or abi rose high grades either
http://www.newexco.com/wp-content/u...0125-High-Grade-Nickel-at-Emily-Ann-North.pdf
"Lake Johnson was host to the Emily Ann deposit which averaged a
resource grade of 4.1% & produced 46,000T Nickel"
9.08% & 4.1% is well above 0.72% grade on my kindy maths!
Once again trying to humiliate me with incorrect and incomplete facts as issued from ASX releases is a disgace and ingenious, I think the readers can read the facts for themselves ...
Well we made it through a massive set up year once again!
And in 2019 once NP pops we can get out the Lanson Campers ad let it rip!
POS is still alive and kicking & a production powerhouse of high grade ore in waiting,
Forrest Dennis BMM all know it!
Happy new year to all POS loyal holders and believers,
Oh dear. Wrong again re-the BS complex.
I have very "deliberately" added in the BS open pit grades because... wait for it... they are an integral part of the BS complex re-start strategy. Yep, it's all there for anyone who is remotely interested in the truth the verify for themselves. (This is turning into a farce now.)
You should read the BS complex FS announcement released to market on 18/07/18, which clearly stated that the SS u/g mine and
also the BS open pit
together formed part of that integrated project FS. It's there plain as day for anyone who wants to take the time read it (sans the goggles). Furthermore, with SS deeps only contributing ~3,300t of contained Ni
Reserves, where did you think the other contained Ni metal tonnage was going to come from to make up the expected ~23,200t* life of project Ni production for the BS complex FS?? That's our own ore I'm talking about, not any tolling of other's dirt relating to the surplus 50% of capacity of the BS processing plant.
Hopefully the deposits at LJ prove up to be better than the weighted average grades at the BS complex. Prioritizing the BS complex at this stage makes sense at this stage because it has the JORC-compliant deposits (tonnage) that is presently lacking at LJ. Some more drilling at LJ wouldn't hurt and would help prove-up what has been found there to JORC standards.
And here I was thinking that posting a paint-by-numbers screenshot of the JORC Statement might be enough in the way of substantiation... [shakes head in utter disbelief]
(*This additional information was trickled out in the quarterly report dated 30/07/18 - p.3)
(20min delay)