It depends how much spare capacity is around Kalgoorlie and the cost to get it there...but one must remember that SC pre strip costs are around $25M, so that's fairly hefty to get started in the first place. Although, IGR could go straight for that high grade stuff found in March (probably only a few million to get to it) and then use the proceeds for the rest of the pre stripping costs?
Many options, and I'm sure IGR is actively researching all. I doubt that they would toll Maxwells because of the extra kms and higher oil costs.
Anyone have any other thoughts with better analysis?
- Forums
- ASX - By Stock
- IGR
- some guy said buy
some guy said buy, page-6
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)