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0.00% 4.0¢ hazelwood resources ltd

"The grade/ cut off is similar to others , eg VML"Very true but...

  1. plough
    33,487 Posts.
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    07/09/09
    09:14
    Post #: 5605510
    "The grade/ cut off is similar to others , eg VML"
    Very true but the difference between cut off grade and average grade to be mined (reserve grade) determines the profitabiity of the ore body here that margin means slim profits at best.
    TO me it looks like they are pumping a dog but happy to be proved wrong.
    Also the strip ratio has allready been taken into account to determine cut off grade.
    These are only my opinions and are not investement advise
    HAZ Price at posting: 15.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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