"I'd say they will progress with underground mining no matter"
From talking to Ian Gandel and Nic Earner and listening to the presentation I got the impression:
The board as yet has not made a decision whether to go ahead with the underground mine or going ahead with El Paso. ( See page 7 of Corporate Presentation for a Map)
El Paso has similar fault characteristics and mineralogy to Tomingley. More cores need to drilled. Both are potentially very good the question is which is the best place to put capital.
From memory I think they said the will have more information as to which way to go.
They want to ascertain the best use the capital.
How long before either mine is operational. I have a figure in my mind but could be wrong. Could someone going to the Melbourne presentation ask.
DZP plant another topic
to construction and production is another 5~6 years?????
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