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millie34au "Hi Nordic why do you think Faboliden will only last...

  1. 312 Posts.
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    millie34au
    "Hi Nordic why do you think Faboliden will only last 2 years . The original owners of Faboliden envisaged a much larger plant and did a lot of engineering to support it so there would be that possibility for Dragon in the future"
    The official figures are in the competent persons statement, after test mining Fäboliden would last until 2024 from H2 2020.  If larger amount of ore would be mined, this point would achieved earlier.
    Ounces have been discussed here:
    https://hotcopper.com.au/threads/loan-use-5-million-by-15-may-cash-crises-terms-of-the-loan.4250206/

    The application proof suggest that Fäboliden could continue as underground operation
    few years after that, but this would need further studies. There is no competent statement
    other than this, how Fäboliden should continue. If you have evidence of other kind of development,
    please show your reference.

    "A HK listing will bring value to all existing shareholders , "
    The value should be based on something obtainable or it would not last.

    Referring to the Finnish "correction" represented as an opinion in the news paper discussed above.
    Do you millie34au think that loan facility use has been 2 or 5 million (until 15 may 2018)?
    You were previously ready to bet that it would be less than 6 million in Q2.  (link above)
    So what would be your position about the reliability of Finnish Dragon boss Ilpo
    vs the newspaper you appeared to critisize?
    Last edited by NordicInformer: 10/07/18
 
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