repo,
No, does not matter if its 5.7 cphm or 1.4 cphm it is still not enough.
Last year Trans Hex made money mining dirt around 25 cphm but the year before they LOST money mining dirt that went about 16 cphm.
And they have a lot more reserves than LOM with a lot less overburden so their cost structure would be a lot less.
And they have nearly 50 years experience mining marginal deposits in Africa.
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