AK proposed a couple of different ways to approach the resource. I epect some of those studies will be revisited. It will be important to find a way ti stage development I think.
Ddzx is right re complexity, it is not straight forward. It needs careful planning to ensure consistent value throughout extraction. However nobull is right that it is valuable. There are 394 mt of ore at 4.2% zinc, 1.6% lead and 36 g/t silver. It is big, indeed very big, i'm not sure but it may still be the largest undeveloped resource in the world. If not it is right up there. In addition there is a potentially viable copper resource contained in the overburden - 72.3 mt at 0.53% Cu.
Value stated, nobull you are effectively agreeing with us that, no matter negotiations take place, the Iranians will seek to screw us. The elite have proven thoroughly disreputable and dishonourable.
UCL Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
