FFX 0.00% 20.0¢ firefinch limited

looks like a 50mT+ deposit, page-44

  1. 12,143 Posts.
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    the only reason I think there may no drilling is that this JORC may come up with a big enough number to warrant a commercialization of this deposit... if the economies of scales needs a BIGGER resource, then yes, KJ will have to drill more...

    so let me reframe my question a bit here "what would you all think would be the figure in this JORC that would make KJ stop drilling further?"...

    KJ has hit the sweet spot of this deposit in the first go - no doubt about it for sure... 100% strike rate and that too at a cut off of 1%... that is mind boggling... the only drilling he now needs is a bit wide spaced in all 4 directions to see where this deposit spreads out too ...

    anyways, this is an exciting problem to face... some companies HAVE to drill to hit the sweet spot to make it pass the muster whereas we HAVE to drill to see HOW BIG this deposit is... I will take our position any day over the rest
 
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