New tailings after Pb/Zn extraction are return to specific area of present tailings dam. I had an opportunity to go on mine tour a few years back.
The size of the tailings dam is huge - much bigger in real life than as shown in presentations.
Its underpriced for three reasons: perceived short mine life; refractory gold solution still not guaranteed; early days of production. All these should have positive response in next 6 months.
a comparison., page-11
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