MYG 3.61% 80.0¢ mayfield group holdings limited

trading halt - cap raising, page-4

  1. 2,877 Posts.
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    Jtang, are you nuts, the drilling results have been fantastic, you could not ask for a better underground resource, high grade, open at depth, low strip ratios, theres massive savings in the ground conditions alone, there will be very little need for ground support which is a massive cost in steel and time, this looks to be one of those resources that starts at 5 years and just keeps growing, this is dream underground mining, would you prefer somewhere that your dodging rock bursts and sesmic events to keep things interesting?
    If it was me I would drop two box cuts at different locations along strike so I could haul out two different declines, this is shaping up as a serious underground operation.

    71c4
 
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