re: techies have a look .. dnatron mate have a look at Inco and...

  1. 753 Posts.
    re: techies have a look .. dnatron mate have a look at Inco and its commitments to laterites.

    ANL's reserve ore grade is 1.00% Ni and perhaps since the plant was commsisioned could have been mining at 1.3% Ni - think about it ... you take small chunks of very high grade ore and you are left with bigger chunks of below reserve grade ore.

    Heron's Goongarie ore has different characteristics to Murin-Murin ore in that it is far more superior and requires extremely less suphuric acid to process etc. etc.

    When ANL and HRR agree to a trial mining of some 30,000 tonnes of ore to be put through Murin Murin, ANL had to do a small trial patch to see what effect would it had on Murin-Murin.

    Call ANL and asked them what they thought of HRR's ore and why they need to get their hands on it before someone else does.

    As a HRR shareholder what I would like to happen first is HRR to buy the Cawse tenaments ONLY without the plant and then HRR would control the worlds premier Nickel laterite deposit which is predominatly GOETHITE ore not the other rubbish that goes through perhaps other plants.

    At them moment, without doubt, whoever takes on HRR, either solicitated or not, would have to pay in excess of 45cents to 70cents per share for Goongarie.

    That is easy 3-5 times the current price.

    Arhidas
    owns HRR
    does not own ANL
 
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