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20:22
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Originally posted by panda9:
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open pit scenarios. " It goes on to say the "core focus was around Jim's, Groundrush and Hurricane-Repulse domains". To me this gives us a real indication that they are favouring a more conservative but faster to implementation of the 150k oz pa plant refurbishment through initial extension and deepening the existing 3 main open pit resources. The more expensive but potentially lucrative underground development would probably be delayed.
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Either way TAM shareholders have been pretty well looked after from this deal to date and its hard to see a downside from here except time and that really is hard to quantify though the further out we go the more likely it is of movement and we it does likely go we won't be sitting in single digits.
