Well it shows that they're actively looking globally. A bit ambivalent myself, with the loss of focus that would occur, however if they can see enough value creation from it great.
As well as the low grade, it appears to lack PHs great ONGOING gold credits though?
As for labour costs, need to be very wary as to how fast these escalate with new EU members. As well as all other in country costs. I am sure OZL will be taking a very considered view on such things though.
EL
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