CFR 0.00% 0.6¢ cluff resources pacific nl

the acreage potential

  1. 1,857 Posts.
    Cant copy and paste so Ive just typed a few of them. Feel free to add.

    1).Ramandurga hills Bellary 13000acres 52kmsqm 1.2billionT estimated

    2).Salgaocar Group of mines Karnataka 550acres 2.23sqkm 47million tonnes

    3).VIOM 857acres 3.46sqkm 29.36million 64.80%

    4).Kudremukh IO 287acres 1.16sqkm 10MTPA (no estimated provided)

    Exploration figures are minimal as you would expect (since exploration is still developing). But production figures are plentiful and are a good indicator. You can view these checking any current Indian IO Producer. Ive put one on here.

    Taking into account production rates and estimated mine lifes + the above, i've used 200million tonnes for 10sqkm, (but I'm thinking it could be a tad more when the report comes out).

    I think some here are forgetting how big 10sqmkm actually is. In comparison it is 7 times the size of NSL's measly 350acres!!!!!

    Just have to wait for the AusIMM valuation report. Until then its just speculation. If anything I'm just keen to see how close my estimate of 200mil tonnes gets :)

    Go the Elephant!







 
watchlist Created with Sketch. Add CFR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.