TNR 8.70% 5.0¢ torian resources limited

Ann: Initial Results from Commencement of Dump Sampling, page-3

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  1. 7,638 Posts.
    lightbulb Created with Sketch. 15
    I knew they had some dumps but I didn't realise how extensive they are
    Some of the grades are quite spectacular. These old school mines were very inefficient.
    I assume they are looking to toll treat this material to a local mill should they define a commercial quantity?
    This material is potentially low hanging fruit that will (if commercial) allow some short term cashflow . These dumps just need to be loaded on a truck and taken to nearest mill with capacity

    Announcement states they will also be looking at some resource calculations on some of the more advanced assets
    Good to see
 
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