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33.0¢ apollo consolidated limited

Ann: Multi-Rig Exploration Campaign Underway, page-9

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eshmun

11,185 Posts.

2609

07/03/18

20:05

Post #: 31601263
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Originally posted by Croesus1 ↑

Yeh sorry. I should have given my definition of a deposit as, "something that lets them mine 100 koz per year for a 10 year mine life." ie 1mmoz. I think this is a minimum hurdle for being a worthy public company deposit (and therefore seeing the share price rocket).

They do not have this yet! but they may have this.

I am looking at 2 things.

1) depth extension of the 161 shoot if we can get 600 to 800 metres extent then wow, and secondly,

2) evidence that there is another 161 shoot because if 161 was 400 to 600 metres depth extent then X2 would also get us to the finish line.

disclaimer; all in my opinion so do your own research.

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You could make a goer on less than a 10 year mine life. Comes down to CapEx. Be good if we can find some oxide deposits as well. It's still early days. Esh

AOP Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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