AAR 7.14% 7.8¢ astral resources nl

metal prices up, page-16

  1. 275 Posts.
    http://www.anglo.com.au/koongie.asp .. I have extracted the following :

    "Pre feasibility Study

    Initial scoping studies and pre-feasibility studies on mining the Sandiego and Onedin deposits examined the feasibility of mining the deposits by open cut and/or underground methods, and examined various options for processing. This work based on conceptual metal recoveries, and associated economic evaluations, suggested that at current copper and zinc prices an operation could potentially be very profitable."

    I keep coming across reasons why I bought into this company ; the last 4 words.

    My reason I was trolling the website was to see if we had any phosphate mentioned , because of the following article I was reading :

    http://www.watoday.com.au/wa-news/junior-miner-to-solve-food-shortage-20100407-rrxu.html

    They are north of Fitzroy , same area , north-south theory ,I did read the carbonate layer mentioned and thought that may contain phosphate (googled carbonate phosphate), thought I would ask here if any theories.

 
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