What am I missing here?
The KWR resources is 500kOz at 1.3g/t. Hauling 250km equates to expenditure of 0.4g/t dropping the effective grade to 0.9g/t.
The Brightstar mill is then so small that the processing cost is about the same as toll treating at one if the nearby mills that are doing toll treatment. Plus it’s not in operating condition. Brightstar’s resources must be absolute rubbish if they’re looking to displace their own ore with the KWR ore in the other side of the goldfields.
Why merge if there is zero synergy?
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What am I missing here? The KWR resources is 500kOz at 1.3g/t....
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