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28,706 Posts.
237
07/07/11
10:01
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Chatter away about nothing. All exaggeration.
LEG is not in the "Golden Triangle"
$6m in the bank is alot of $
500m tonnes inferred JORC @ 100m thick requires drilling over an area of 1km x 1km
at 200m spacings, that is 25 drill holes
$6m will last 6 months of drilling, even more
CR will not result in heavy dilution - FALSE!!!
"Better than SDL" just referred to the expected quality of the ore, that is all
sure, SDL may charge a premium of $10/t for transport
if SDL have WGO and Core on their line, $10/t brings in $600m per annum in railway rental
naturally, WGO and Core would have their own trains
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