ESS 0.00% 50.0¢ essential metals limited

News expected, page-47

  1. w27
    2,453 Posts.
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    The gold is as close to a certainty as anything can be before actual production. At present it is only for a couple of shallow open cuts. The mining could be easily handled by contract or some joint venture arrangement. There are two treatment plants within about 50K on established haul roads, so there is not much infrstructure to establish. Treatment could be on a toll basis on well established terms. I am sure we will see something on the Acra gold production this year. Of course the bonanza of a large deep deposit that Pal keeps referring to is much less certain, but very possible. Then we have Fairwater, nickel and copper, if prices for these commodities ever get back to decent levels, and they must, as companies cannot continue to operate at a loss for ever.
 
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