Danial I do why is it an Asac violation to make money ?
Archview re slicing and dicing in this case the slices are bigger than the whole take the kalimantan segment of operation find another operation where the payback on capex is under 1 year?
Its not so much the % chromate as the size of the grain in this case its not that good but still worth around $200 a ton . Compare that with iron ore at $70 a ton and its easier to get no railways/ long road links like in OZ just remove overburden mine benificate and barge it out, (one of the deposits is right next to a major arterial river and china is a hop step above.
Archview I think you need a paradigm shift in thinking OLY is not what it was 6 months ago, there is a lot more I could say but I think you get the drift. There are 4, 8 man teams drilling at the moment. They are not doing that because they are looking just for a little zircon deposit to feed a little $3M a year operation IMHO I sound like I am ramping this I will go quiet now you may see your 15 cents again i feel
OLY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held