director resigns ooops, page-11

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    lightbulb Created with Sketch. 32

    Hi all,

    Well I am not an underground miner but this latest announcement tells us the ore body is a vertical structure.

    Intuitively I think that a horizontal orebody would be easiest to mine....ie you load the truck and drive out.

    a sloping orebody you would stope.

    But a vertical orebody means that all the declines must be slower to advance downward or they would outpace the orebody.........so it's a ratio of development costs to orebody costs

    So I'd await the projected mining method / costs and budgets before I'd buy.
 
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