Value EMO project Ibera Belt West ex Paymogo I have written it before: It is useless to have metal in the ground, not even gold. Only when a mine is built and can be mined profitably, the metal becomes valuable.
Example oceans: In the oceans there are about 20 million tons of gold (1 ton of gold equals 60mUSD, you can calculate yourself). Much too low a concentration for it to be mined profitably.
The EMO project Ibera Belt West ex Paymogo with the deposits Romanera, El Cura and Infanta and apparently newly "discovered" Ontario lies for the most part in a nature conservation zone. There mining, probably also Underground, is practically impossible. The maps (Facts) are clear:
Outside the environmental protection area is only the Infanta deposit. It is precisely for this area that Emerita Resources obtained the permit for exploration work. Quite simply, it did not need an environmental assessment for exploration work because it was outside the conservation zone.
Take a close look at the permit of the responsible mining authority for the exploration of Infanta, also the statement of the responsible environmental protection authority (point 7) and then Propone (proposal):
I would say once: To be able to evaluate Emerita Resources realistically to date, the calculations for a possible discounted NPV should focus on Infanta. Everything else is fantasy and dreams. But one is allowed to dream - without a permit ...
urai58
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