KAI 6.25% 1.5¢ kairos minerals limited

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  1. 988 Posts.
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    Hi 4 sight If you had been following Stockhouse you will see many of my posts Rhino 10 which covers the subject in considerable detail. I think it was Ettinger who calculated at 50 tpm as stated by Novo -and that is questionable - from the SGS plant on current spacing it would take 25 years to come up with the requisite information required to define a resource. It must be mined and from that you very quickly define the resource. And if Novo intend to trial mine on a mining lease and not on an exploration licence you can factor in another 12-18 months before any trial mining commences. In the absence of some serious changes in strategy Novo is a train wreck.
 
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