g’day again Lorenzo.
you have to go to ASX for all their earlier Ann’s.
here’s the JORC info. Big doc, go to pages 37/38 for the JORC table
https://www.asx.com.au/asxpdf/20201002/pdf/44n9nyq2m0mm8s.pdfhere’s their first preso
https://www.asx.com.au/asxpdf/20201006/pdf/44ncst4w79gv7v.pdfrestates the JORC and advised in test work, average of 75% lump!
here’s the original prospectus
https://www.asx.com.au/asxpdf/20200807/pdf/44l8x07qxrq0fh.pdfI’ve now checked 2020 Ann’s and I just can’t find that output figure anywhere, sorry. But I’m sure it was 1mtpa initially. Then after the Ann of the beneficiation plant, it would obviously be more. I think Pihrana suggested it would be around 1.3mtpa.
can’t find their costs either. But as I said, memory (bad as it is for us old guys), says it was reasonable, as in around what other juniors have. So we’ll under US$100. Plenty of margin at these IO prices.
maybe Pihrana can remind me where those numbers are. Or someone else for the early days.
I did come across something interesting in the prospectus. In the JORC statement they also say 50mt Itabrite 33.7%, as well as the high grade stuff. Maybe someone here knows if Itabrite can be processed to a decent grade in our proposed beneficiation plant. Of course, we also have that 5billionT monster around us, with same owners as our majority shareholders.
cheers,
ned.
(20min delay)