Nilhilism claimed that he worked as an engineer and I find his mining cost budgeting exercise lacks accuracy from an accounting prospective as the lower and upper limits of each expenditure(i.e. the cost range) posted are too wide(see thread below).
http://hotcopper.com.au/post_single.asp?fid=1&tid=1655861&msgid=9552626
I will wait for the results of the scoping study due in Q1-12 before jumping into any conclusion of un-viability.
exploration success beckons for nmr, page-3
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