It seems to have taken Bob and team the better part of 2 years to seek all aprovals required to conduct a FLT and demonstrate recovery rates and provide a Jorc estimate.
They have stated that they have potentialy a economic deposit of approx 2sskm. Alot of people refer to Bob, however they have a General Manager Mark Randall who spent around 6 years with Heathgate Resources and Southern Cross Resources, where he has been responsible for planning, drilling and well installation of Beverley and Honeymoon insitu leach mines projects.
I have been confortable with the fact that I don't think they have persued approvals for 2 years unless there is a good chance they can get this thing up ang going! Will wait and see!!
CUY Price at posting:
40.0¢ Sentiment: LT Buy Disclosure: Held