Post by
cudjo on Jul 17, 2018 8:28am
LUC and North Arrow
here is a quote from Eria's poppa from:
https://resourceopportunities.com/blog/
sorry about the formatting, on a tablet and the sun never sleeps long up here this time of yr. Note the last sentence, the no free look haunts PGD to this day.
"The next step, Armstrong says, is a large bulk sample at Naujaat – perhaps as large as 5,000 to 10,000 tonnes. A sample of that size would answer remaining questions about the value of the diamonds and size-frequency distribution of the yellow stones, he said. It would also carry a large price tag: perhaps between $20 million and $30 million. Securing a joint venture partner would allow North Arrow to undertake the bulk sample without blowing out the share structure, Armstrong pointed out."
from