ORS 0.00% 1.3¢ octagonal resources limited

Ann: Alliance South Deposit Intersected on 1080 Level, Maldon VIC, page-26

  1. 33,408 Posts.
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    If the company going forward can mill ore averaging over 7.5 grams a ton even at the current POG then I doubt debt will be an issue if it can not then better to cease mining and put in a few drill holes deeper from a platt on the 1080 level .
    If from drilling it hits some decent intercepts then consider going deeper if not then mothball it .
    Commendable effort buy the miners in the last 2 months for the distance they have covered, maybe shows what a bit of pressure can do with two shifts competing against each other.
 
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