Probably no link with AVM, buts Flats comment got me thinking ... size and grade would almost certainly give a resource lasting 17 years plus I expect ... is it just a coincidence?
To quote from the piece:
"We've signed an agreement for a total area of 52 000 square km (20 080 sq mile) - that's ten times the size of Hong Kong," he said.
Yao said Bembe Teleto contained about a million tons of copper ore with an average 3,8% metal content.
"We are investors, not a mining company. We are looking for a copper mining partner. They could be from China, from Canada, or from anywhere in the world," said Yao, a Canadian-Chinese businessman who owns five copper cable plants in China.
AVM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)