GDA 4.24% 28.3¢ good drinks australia ltd

royalties from corunna downs "split rock" , page-7

  1. 21,227 Posts.
    buc

    - watso was having a quick look back at his previous posts on the matter, and it seems that watso, a couple of times, mentioned 30m tonnes as a bit of a starting point - which seems to have been pretty close to the mark. ago mention..

    "Maiden inferred resource of 25Mt 56.5% Fe "

    watso also claimed that the wording of a ago announcement from a few months ago, had nothing to do with the commencement of mining - but more to do with the determination of some calculation of a reserve figure.

    one thing for sure, is that the 25mt, is just a starting number.

    ago have port access facilities (or whatever it is called) - so they can export their iron ore - which will assist, sooner or later, for the development of the iron at CORUNNA DOWNS

    mmmm - what was the royalty worth????? - and what is the market cap of gda?????
 
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