CDS comdek limited.

The content of the CIP report (23rd May) makes for interesting...

  1. 3,966 Posts.
    The content of the CIP report (23rd May) makes for interesting reading as well (funny they didn't reiterate this with resource upgrade ann. Hmmm very low key):

    Geological Formation
    A thin layer of overburden is present (~16m) and the open pit stripping ratio is
    estimated to be 1:1
    . The mineralization extends to 110m in depth, but the resource
    calculation is based on a depth of only ~75m, thus, there is high potential for the
    resource to be increased. Additionally, the resource has a similar geological sequence
    to the Grootegeluk (811Mt Reserve), providing further optimism. Koert Lou Zyn Pan�s
    formation exhibits all 11 zones shown in figure 2, whilst Zoetfontein and Lisbon are
    shallower with zones 1-4 at the surface.

    Capital Investment Partners - Comdek 1.69 Mb
 
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