DUDE!! You made me cough up my Fruit Loops when I read this.
To call this mining is an insult to miners. It's a mineral processing/technology operation.
I dont call ramming a front-end loader into a wall of tailings, and loading tippers to dump in/near a hopper mining. I call it a lot of FUN! IDK how they conduct their Load & Haul, but that would be the cheapest option imo. They could use a little digger or baby face shovel for loading, but that would be more expensive you'd think. I really don't care. That's not the point. This ain't mining.
Therefore their mining cost should technically be ZERO.
Bring it up at their next AGM. It could be just a slush fund entry.
NCZ Price at posting:
74.5¢ Sentiment: Sell Disclosure: Not Held
