STM 23.1% 1.6¢ sunstone metals ltd

Magnetite, copper, cobalt, gold.

  1. 13,562 Posts.
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    Originally Viscaria was slated to be developed as a copper/magnetite project until
    iron ore took a dive. Now iron ore is recovering I wonder if they'll take a fresh look at this.
    See this preso from a couple of years pack. The capex is higher then for just a copper project alone
    but the opex  is markedly lower for a copper/magnetite project with the magnetite credits.
    Now it looks like Viscaria could potentially have gold and cobalt credits as well.

    http://avalonminerals.com.au/userfiles/file/445_14-09-03 asx release investor presentation final.pdf
    Last edited by RockstarJones: 20/02/17
 
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