greizzly
thanks for confirming what I've been saying.They don't
take critical analysis kindly here.
Steven is making a big mistake comparing it with rossing
because rossing average mineable grade is now approx
250 ppm versus BMN 197 ppm.This makes a big difference
to the bottom line but the most important difference
is Rossing is an operating mine so the capex has
been raised and all production issues have been worked
out not to mention it is owned by RIO so in hard
times extra funding is not an issue.
If you went for finance based on RIO running rossing
they would laugh at you.
share price and cash, page-22
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