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PupTentacle

575 Posts.

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01/12/14

18:01

Post #: 14387312
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Originally posted by shadowboxer1 ↑

Pup
Don't mind your views as I can see they are backed with industry knowledge. On using the gravity jigs because its wet screening without the concentrator on line would mean the sulphide and under 1 mm fractions of native copper that can be floated would have to then be diverted to tailings at a modification cost and obvious loss of recovery so it wouldn't be a option in my opinion.

Unsure if you can say a third of the costs of the MURLF would of been cheaper than going it alone considering ones a balloon loop and ones a 1200 metre siding. There are still options of third party rail load out facilities in the area. Ostigics, Copperchem and possibly Osborne which is a hundred k in the wrong direction by still possibly cheaper, sure all three wouldn't mind the revenue.

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I agree that the approach that I have predicted is horrifically wasteful, but in the long run, realising some early cashflow is quite possibly better from an NPV perspective than sitting around for another 12 months paying the eye-watering standing costs that CDU has.

CDU Price at posting: $1.14 Sentiment: None Disclosure: Not Held
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