RE: MoHoundThanks for your comments.
Have you checked out AUA's feasibility study? If not, check it out on Sedar (Technical Report - cut off, waste to ore, grades per year, etc.).
My read is UNB's Bald Butte property on its own merits are a great comparable to AUA's.
They both are low grade ore bodies with mm tons of material. This is my interpretation:
AUA - 206mm @ 0.063, with open pit mineable reserves of 140mm @ 0.059 = 160mm lbs of moly
UNB - 131mm @ 0.077, with open pit mineable reserves of 130mm @ 0.077 = 200mm lbs of moly
UNB could build an open pit mine and mill 20,000 tpd, and if all the previous work and data is available from Gulf, perhaps UNB is not as far behind as we think.
Plus UNB's Cannivan property with its high grade ore (50 feet of 0.516% MoS2 from 690 feet to 740 feet and 40 feet of 0.544% MoS2 from 810 feet to 850 feet) comp to BLE's high grade ore.
Net, Net...in addition to the quarry/mill in operation and 43-101 technical reports for both Bald Butte & Cannivan, we are talking about 560mm lbs of moly...hence my comment, "blow past".
Let’s get her rock'n UNB!!