SL1 0.00% 0.0¢ symbol mining limited

SL1 Producing zinc into cash within six months, page-56

  1. 33,873 Posts.
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    Maybe look at RVR for a new Zn mine in prodn .

    Would be interesting to know the haulage cost from the mine Imperial (which looks to be near the town of Gombe ) to the Lagos port , looks to be around 1000 kms about a 2o hour drive time .
    Guessing the concentrate is worth around US$800 a tonne and transport about 150 a tonne over that distance and they can back haul given they are talking about shipping ore in 1 tonne bags so likely to be flat bed trucks , but would be nice to see a scoping study costing .
    The Zurak mine near by looks to have had issues with illegal Chinese miners .
    I am weary how quick they can get a mining licence given they are talking about mining shortly invested in a similar proposal from Ethan in Tanzania with DSO Manganese , but project failed dismally no ore ever got shipped .
    Admiteddly the higher pricing of this Zn ore per tonne is a big advantage compared to Mn .
 
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