Some great results from Bushveld released for the recent...

First 4 Last

Share
Profile

Follow
dunny29

494 Posts.

684

01/02/19

11:42

Post #: 37297527
Share

Originally posted by dunny29 ↑

Results continue to look excellent

A few interesting quotes in the ann -

'Results continue to support Tando’s strategy to generate early production by processing the near-surface high-grade zones at SPD'

'Strategy involves low capital costs due to the shallow nature of these zones and the simple magnetic separation process, meaning short lead time to production'

'Scoping Study on this near-term production opportunity well underway with metallurgical and engineering studies well advanced'

'Tando Resources is pleased to announce further outstanding concentrate results which support its strategy to aggressively pursue a near-term cashflow opportunity at its SPD Vanadium Project in South Africa.'

'Concentrate samples, along with specifications, have been provided to potential offtake partners for their review.'

'This high-grade zone is the focus of the current engineering and metallurgical studies with a view to selectively mining it and producing a concentrate as a low-cost, early-cashflow operation.'

Sounds like plenty is happening behind the scenes, hopefully the scoping study isn't too far off and a few of these snippets come to fruition. Appears that things are shaping up nicely.

Expand

Some great results from Bushveld released for the recent quarter, South Africa is the place to be for Vanadium.

Still a long way to go for TNO, but this is what is possible in a few years.

https://www.*.co.uk/companies/news/...tco-vanadium-mine-in-south-africa-213594.html

TNO Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

There are more pages in this discussion • 1 more message in this thread...

First 4 Last

Add TNO (ASX) to my watchlist

Some great results from Bushveld released for the recent...

Top Stories

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip