PUR 0.00% 0.3¢ pursuit minerals ltd

That’s another angle - monetise . They could sell the Jorc...

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  1. 14,796 Posts.
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    That’s another angle - monetise . They could sell the Jorc assets off for cash .

    Yes the low strip ratios for koit so far mean you have to run the concentrator overtime / but with low strip ratio and then access to the ore body - the bulk dirt moved comes down a bit.

    Given the smelter within trucking distance - at the end of the day it comes down to how many MT of concentrate at a saleable grade.

    4-10.5mt at 2.3% target

    Let’s wait for the Jorc .

    So perhaps they could sell the asset / put it up for sale / while they move onto any of their other unweathered assets.

    Unweathered advantage - perhaps high recovery of what’s in the concentrate ?

    Looking forward to Airijoki results .

    Cheap at 7m mc

    And agree that 12-18c a reasonable target in peer space with safe jurisdiction for monetisation .
 
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