AUM australian mining investments limited

possible 46mill tonnes at 1.6% cu, page-6

  1. plough
    34,208 Posts.
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    08/12/05
    15:26
    Post #: 1267832
    About right in the calculation Chris regarding inground resource value
    I would be interested in it however it must be asked what the cost of removing that copper is.
    grade seems ok for such a large resource but how many drill results will need lots of infill drilling ie need a jv partner as these guys have only a few hundred thousand in kittty it may be just a ploy to get finance as the company is basicly broke, I am thinking of Chameleon mines now:)
    AUM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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