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We’ve also got a resource upgrade pending for Montepuez which is...

  1. wombat777
    3,387 Posts.
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    19/09/18
    15:51
    Post #: 35702678
    We’ve also got a resource upgrade pending for Montepuez which is relevant for the BFS/DFS.

    We also wait for results of Spherical Graphite testwork, which could mean a Spherical Graphite product strategy is incorporated into the project financials for Montepuez. Whether this is in the upcoming DFS is speculation, but the terms of the agreements with Urbix allow for this scenario.

    https://www.asx.com.au/asxpdf/20171219/pdf/43q93ngm3lqstt.pdf

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    Last edited by wombat777: 19/09/18
    BAT Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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