Don't know but the mine was shut down in a newly refurbished and operating condition. It should stand to reason that would be cheaper by far than any greenfield operation . Yes, I don't think they have the cash to do this right now, but it would seem a much lower and faster hurdle to jump over than a $240 million startup(?) for leaching. That $240 million with a very substantial part of it a huge capital raise from about 11c share price is very unlikely to be coming. This is not trolling, folks it is hard-headed business logic. Any lender who put up that sort of money to boot up le aching would be bearing most of the risk. That risk is very high.
CYM Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
