MOO are hopeful of putting their ore through the SPM mill at Mt Garnet but I cannot see how they will get their ore ahead of the CSD ore?
CSD Ore:
"low cost greisen based tin targets which can be treated through the MtGarnet mill"/i>
Historical drilling in 1976 by Western Mining. KD103 intercepted 13m @ 0.66% Sn from 84.25m (including 6.75m @ 1.03% Sn); KD101 intersected 4.4m @ 0.53% Sn from 13.1m (including 1m @ 1.65% Sn from 15.45m);"
MOO Ore:
"granite greisen tin mineralisation"
"Newmont identified Target Mineralisation of 7 – 13MT @ 0.12% - 0.18%1 tin with mineralisation open to the north, west and south"
Especially since it is CSD running the mill for SPM.
CSD would get 100% of the profit from their own ore but only 10% of 97.5% from the MOO ore.
MOO Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
