No you misquoted and lied.
You also said you were leaving but lied again....
OK will post your lies:
You said:
"you don't need to be a Geo to know rockchips don't make up an economical resource."
Well you do, that's why they need qualified people to define a JORC resource.
You said:
"I'm not going to post here anymore untilI I see some drill results"
But continued to post
You said:
"WA1 is something special because it's the second largest niobium mine in the world"
When it is NOT EVEN A MINE !!!!
You said:
"In my 25+ years of trading, I have never heard a poster suggest that a company will mine before any drilling has ever been done or without a resource.
Congratulations, you are one of a kind"
When what I actually said was:
Actually it wasn't even good enough to be an Indicated MRE,
It is an "Inferred Mineral Resource"
That needs more work to even be called an Indicated MRE....
It literally states:
"The Competent Person has classified the Mineral Resource in the Inferred category
in accordance with the JORC Code (2012).
Geological evidence is sufficient to imply but not verify geological and grade continuity.
It is based on exploration, sampling and testing information gathered through appropriate techniques from drill holes."
"Considering the location of the project, a FIFO workforce is likely to be required.
Any groundwater is anticipated to be used within the processing plant
and dust suppression in mining operations.
Excess groundwater is likely to evaporate.
The site would need to be self-sufficient with its own energy as there is no grid power nearby.
All consumables would need to be freighted to the site by road,
considering the remote location of the site".
So they would need to build a Dam or figure out some water supply somehow,
They would need to build Mining Accommodation.
They would need to Build a Power Station to power it,
Or build a Solar and Battery Facility.
They will need to build some sort of Human Waste Treatment facility,
Or Have trucks pumping it out and removing the waste.
Then get design and get approval for all these things.
As well Build and design a Refinery.
And much much more....
Those are just some of the reasons
Why I think SUM will be Mining before WA1....
So there's few of your incorrect statements right there....
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4 | 198547 | 21.0¢ |
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Price($) | Vol. | No. |
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23.5¢ | 35000 | 1 |
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2 | 40000 | 0.205 |
6 | 77500 | 0.200 |
3 | 10388 | 0.195 |
1 | 50000 | 0.190 |
Price($) | Vol. | No. |
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0.215 | 1005 | 1 |
0.235 | 35000 | 1 |
0.240 | 21165 | 3 |
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