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Msg  61587 of 61776  at  5/20/2022 7:24:04 PM  by

Grizzly44


 In response to msg 61586 by  Angel Eyes
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Re: AGM Report - Angel

The geotechnical drilling and seismic was done on Orion North, as I recall, both directly on the pipe but also off the pipe.
NOW, Orion North, Centre, and the Taurus pipes are being included in the valuation. Didnt Orion North have over 50% Type 2 a diamonds in it??
Secondly, did anyone else notice that the ore-market this AM, about an hour before the open showed a Bid-Ask of 179 K and 172 K at .325. Shortly later it changed to small bid-asks at .305.
Thirdly, the difference in volume of overburden between 33% and 20% is not a massive amount of extra overburden to remove. We are only talking 100 M with 1/2 B X H multiplied by the perimeter of the pit. Compare that figure to how much overburden a Bucketwheel rips through in a day. I suspect that just as big is the stability of the slope so those mammoth trucks and equipment can get up and down to the bottom of the pit and that is 100 M plus
150 M Of actual kimberlite.
Regards,
The Grizz




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Replies
Msg # Subject Author Recs Date Posted
61588 Re: AGM Report - Angel TouncesDrivesAgain 0 5/20/2022 8:06:19 PM


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