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0.3¢ morella corporation limited

The question needs to be asked, will the government allow...

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Manakyan

42 Posts.

10/03/16

08:45

Post #: 17234214
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Originally posted by zoomyjeff ↑

I don't think it will be feasible to build just one mine, for a start PLS has always indicated they will be going after Tantalum within their deposits, this immediately presents a problem. PLS indication is that they will most likely look at a plant between 2 to 4 MT, AJM 1 to 2 complications would be involved in the final throughput, one company would always be wanting their product produced.
Look at gold mining, regardless of proximity if the resource is large enough the company will always build their own plant. Both AJM and PLS will have sufficient resource to keep their own plant operating at all times.

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The question needs to be asked, will the government allow approval for tow mines so close to each other.....l suspect not

AJM Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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