KWR 0.00% 2.9¢ kingwest resources limited

I too are very skepical about carting 1.3g dirt over long...

  1. 561 Posts.
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    I too are very skepical about carting 1.3g dirt over long distances. but take a look at Aurics proposal for BML to mine out east of Norseman and truck to Kalgoorlie. Same miner, lower grade than Selkirk. The deal with BML wouldn't change because the plant would never be ready in time to change the treatment option.

    (OK...I know that a lot of these proposals are stupid, and they have escape clauses like the deal is terminated if no "start" is made in 18 months, but meanwhile shareholders are deluded into thinking something is happening, when the company is just treading water with (6?)directors collecting massive wages)

    Take a look at 11 July (scoping study) and 22 (August deal with BML).
 
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