PNN 0.00% 42.5¢ pepinnini minerals limited

grades low? expensive to mine?

  1. 13,126 Posts.
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    Grades seem low to me. No mention of how they plan to mine. Is it amenable to in situ leaching? In which case proximity to rail infrastructure is of little value. Southern Cross's Honeymoon infrastructure would only be valuable if it processed ore. I believe their model of recovery is based on in situ leaching. What depth are the zones of mineralisation? Gives us some of idea of the likely cost of recovery.
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