OZL 0.00% $26.44 oz minerals limited

ph wins best metalliferous mine of the year, page-13

  1. 5,227 Posts.
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    HO,
    Terry mentioned that the develpment of P hill underground would cost $200m and be ready by 2013. That is a lot of money and a long time to put a hole in the ground. Now that you have raised the issue, it strikes me that maybe the cost and time includes a processing plant for the Gold or an upgrade of the current plant to process the Gold. Remember, now that all the infrastructure is on place, the cost of brownfield development is low compared to a greenfield site. Maybe more will be revealed in the Nov 30th announcement. Once again - good pickup. 100,000oz of Gold plus an extra 30,000t cu per annum would increase EV by 46cps

    431,
    No worries. IMO and my actions I believe that the community of HC posters are here to help each other.

    HT1
 
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