re: Ann: Scoping Study Review and 2009 Work P... LOL
harry- ann states that further details will be released in broker presentation documents prior to a roadshow across Australia in April. AS for where it will be processed, i would say that with Warrego still in mothballs that question will remain unanswered for some time yet although we know that Pine creek is still an option as is Warrego at this stage. With these questions unanswered costs will be indicative only
It would seem that they are also considering some production via heapleach treating the ore dumps from Nobles Nob aswell as old tailings depending on test results.
The clear message is that EXM intends to proceed to mining on the basis of conclusions drawn so far. This obviously indicates that the studies reveal a robust production scenario begining with the shallow open pit deposits
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Ann: Scoping Study Review and 2009 Work Programme, page-18
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