News Focus
News Focus
Followers 162
Posts 7125
Boards Moderated 0
Alias Born 04/26/2010

Re: tootalljones post# 1073

Thursday, 06/01/2017 4:01:52 PM

Thursday, June 01, 2017 4:01:52 PM

Post# of 1320
as a for instance, we now have a planned 12 mtpa operation at K and K, 6m at each deposit, but I am thinking, why not simply put kamoa on the back burner, and go with Kakula at all 12 million tons? Since the grades are more than twice as rich, and Kamoa is already the most massive, high grade copper deposit on earth, albeit it does not compare wth Kakala.
Answer, I have no idea what I am talking about.

someone on the other board said as currently configured, we have two mines, 6 mtpa, for over 20 years each, and they are the highest grade in the world, especially Kakula, over 6X to 10X the world average....

so I have no idea but I am not qualified to begin a responsible discussion. Like me talking about cricket I see the kids playing, which is sort of like baseball, but I am not even smart enough to comment, although I can ask them a question and do and they politely tell me the answer. This is a little more complicated than cricket, and RF has assembled some of the top talent in the world to plan it all out, to maximize everything for the shareholders and long term employees: engineers, mine architects, construction guys, finance people, stock market fund types...etc.

With Kakula West, which is like waiting under a Christmas Tree, I am hoping, since he probably has, at this very moment, 10 or 11 drills turning there, I am hoping we hit big time paydirt...we shall see, the company is hopeful......
and then perhaps in October they announce another 6 mtpa operation, which means all of our hardware and requirements match our other two...so we realize great economies and have a top 5 mine most profitable on earth, bar none.............But if our KW is a dud, very highly unlikely, it really won't hurt the company very much. Like having an A plus company only, and not an A plus plus
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IVPAF News