I’m Glad they have sold it... I suspected Capex for REP 2 was going to be significant.... removing all the tailings from that huge old pit they want to mine again seemed like a huge chore... I can’t imagine what that would cost... ASIC figures looked good long term, but how much Capex do you have to pump into it to get it?
Im glad we can focus on Africa... it’s where the gold is!!!
Ann: Sale of Ravenswood Gold Mine, page-46
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