NIU 0.00% 2.0¢ niuminco group limited

Where Elephants Roam.....Gold,Silver,Tin, page-73

  1. 447 Posts.
    lightbulb Created with Sketch. 5

    Those numbers would/will be unreal FID. I'd personally use a lower grade ore until we can prove over a longer period that we're pulling that out consistently. In saying that they did say the grade has tended to get better with depth, but I'm not ballsy enough to hold them to that comment.

    Would be nice to ramp up as you've said but I couldn't stomach another raise to do it, pretty much all upside would be be gone and I'd never make my money back if this dilutes more.
 
watchlist Created with Sketch. Add NIU (ASX) to my watchlist

Currently unlisted public company.

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