Banter and general comments, page-40274

  1. 638 Posts.
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    With Box cut at BP33 partly completed what would it cost to continue this to mining stage.
    Will the price of Spod increase to a profitable margin to continue mining it in Australia
    Rio have more or less abandoned operations in Australia why, because of high operational costs or better opportunities elsewhere.
    We on the other hand are talking about restarting the operations in the NT really!
    PB now at the helm for 12 months what progress have we made, Oh yes, we have paid down our previous mining debts which has now left us cash strapped.
    My feeling is we must progress the Gold prospects that we have, forget about the initial euphoria when spod prices reached record levels, those levels are gone forever and will never be again. The big boys know this and have moved to cheaper mining options.
    We are stuck between a rock and a hard place, can it be solved maybe but as cash drains every month from our somewhat reduced reserves only one thing can follow.
    We must seek assistance from the Feds and the NT Gov. to survive.
 
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