GREY:HTRRF - Post by User
Post by
nofluffon Nov 02, 2020 11:24am
134 Views
Post# 31822791
grade
gradeI have added muktiple 6 figure share positions in ncu in the last couple months. Its grade is about 150.00 per tonne rock for underground.
Capex for mine is way more than htr do to there need to hoist rather than rail as nib will b. There capex was about 750 million and I was buying that for 250 million debt and fliot combined. That price includes a large higrade already permitted open pit on same property.
Comparing htr grades to ncu is like gold to silver. Adit right to the large lookout core of 450.00 rock. That leads to thousand dollar rock in both trio and lookout.
All the other deposits r thousand dollar rock. Drilling 5 kilometers and new resource estimate r supposed to b complete this fall. Should b interesting.
nf