WFE 0.00% 2.4¢ winmar resources limited

Just one more thing OZ. You are having a go at some of the more...

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  1. 1,480 Posts.
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    Just one more thing OZ. You are having a go at some of the more "optimistic" statements (every thread has the serial optimists) by some excited posters which is affair enough when they are just ramping but don't you think that you also have a responsibility to avoid doing the a similar thing. I specifically refer to this statement you made today:

    "
    2.5% copper AND 1% cobalt grades in the contracts sound great, to me it is obviously pre-concentrated using artisanal miners."


    Now that bold bit in italics is completely unsubstantiated by you and we all know that you do not know how the ore is being mined by the proposed 7 companies. I have recently said in a post minutes ago that I believe it is unlikely to involve artisanal mining given the terms of the supply agreements they have to agreed to let alone the sheer scale of the amount of ore required. In the absence of our own ore we may well need the small mining companies to supply Luapula for a number of years. I see nothing wrong with that although there is an obvious risk associated with dependency on small miners. ​


    Cheers Oz ​

    W2​


    PS for all concerned, Oz and I know each other well but that doesnt mean we don't have to agree on everything
 
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