Honestly, the existing Gilbeys pit is tight and complicated and would take some significant upfront capex to reconfigure - cutbacks etc for FP/WW access or for a NN decline. Admittedly, high grades make this just a project rather than a blocker but upfront capex means financing or dilution.
I’m interested in SL’s comment - maybe they are now moving towards straightforward but higher MTpa access to NN (maybe open pit and multiple access points as others have suggested here) and then a drift to FP and on to WW?
Anyone with a mining brain care to comment?
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$1.97 |
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-0.025(1.25%) |
Mkt cap ! $2.524B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 5 | 77974 | $1.96 |
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