another interesting report WOW!!!!!Read all the transcription in the article, it's very nice.
Monday july 6 2015
Hallgarten & Company Initiating Coverage Christopher Ecclestone Tango Mining (TGV.v) Strategy
https://docplayer.net/36065919-Hallgarten-company-tango-mining-tgv-v-strategy-long-initiating-coverage-christopher-ecclestone.html
Go to the Transcription section at paragraphe 7 and read this carefully:
Past operational inefficiencies at Oena suggest that grade in coarse residue (tailings) and oversize material is available to mine at low cost and is commercially viable. Therefore there are diamonds sitting on a stockpile of over 349,000 tonnes which the management at Tango believes run at grades of over 6 cpht. In addition there are several other stockpiles on the site that the company plans on deploying one of the mobile bulk sample plants to test them.
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If the management is ok for their 6 cpht......!
It's amazing these 349,000 tonne / by 100 = 3490 pht x by 6 cpht = 20 940 carats and if the value per carat, with conservative price, is 800 $/USD = 16 752 000 $/USD
and if the price of carat is 1 200 $/USD = 25 128 000 $/USD WOW !!! WOW!!!
DYODD before buying share of TGV or any other share.
GLTA
Raypar