If by restructure, you mean selling off the assets to MMG, the sp was approx 60c (or $6.00 after share consolidation)
P Hill mine life: - Mmmmmm "There are known knowns, there are unknown knowens and there are known unknowns"
Let me explain.
P Hill open cut mine life ends in 2017. This is a known known.
OZL is planning to begin drilling under the open pit in the sept qtr this year to convert resources to reserves. Malu u/g has a resource of 1.2mt of copper grading 1.17%. Potentially that can translate into another 12 years of mining after 2017.
This is a known unknown.
Carrapateena is coming into production roughly in 2018. (but like all resource projects, it will probably slip to 2020). It is still very early for C, so I would classify this as an unknown known.
Does this help?
HT1
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