What a bunch of ignorant comments.
Low grades? Like RRL or CMM? Regis seems to be doing fine on 1 gram dirt. All about the low strip ratio.
CAPEX - open your eyes and look at some research. Just because the company is silent on it there is 2 different sets of research including the one mentioned in the heading of this thread that might shed some light on this. GOR is a 10mtpa plant in the middle of no where. PGO already has a small facility 100km out of Darwin with major infrastructure already there. As for the funding issues how do you think those companies started? As $500m mkt caps and fully funded from day 1? Idiot!
Processing issues? Again do some research. RIL is a readily acceptable processing technique in other parts of the world. Ask the old Peter Hambro Mining now Petratpalovsk listed on the LSE with mkt cap of a bil or so. Process 20mtpa through 4 RIL facilities. Test work done on RR over 10 years ago. These guys with the backing of GR who are some of the best process engineers in the country seem to not be worried. I'll back them over you any day.
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What a bunch of ignorant comments. Low grades? Like RRL or CMM?...
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