GBR great boulder resources limited

General Discussion Topics, page-4315

  1. 35,737 Posts.
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    "Meeka's MRE is also far superior at 1.2m oz at 3.0 g/t. So even without the infrastructure I think Meeka has the superior asset (in other words even if Great Boulder was to find a mill for its ore tomorrow I don't think it would stack up to what Meeka has)."

    If that 3.0 g/t includes a big proportion of underground ore then the cut off grade is probably overall higher so not sure if MEK would be a superior resource in tenor . I know the MEK main pit runs around a 20:1 strip which increases mining costs and is what put me off investing in them .
 
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