Given the bath that Toho Zinc has taken with CBH's Broken Hill operations as well, I can't see Toho being in love with this project enough to keep bleeding money money on it. Toho has put CBH's Rasp Mine on essentially C&M or what looks like very low levels of production so its difficult to say how patient or what their long-term plans are. They sure are not in a hurry to make any decisions at the moment and if they were trying to sell Abra or the Rasp Mine then they would be getting *crickets* as a response in the sale process for these high-cost low-grade Pb and Zn mines in the current market conditions.
As far as the Abra Project goes - is there anyone in WA that needs a base metal flotation plant cheap, and is funded to move it, and set it up elsewhere?
G1A Price at posting:
5.9¢ Sentiment: None Disclosure: Not Held
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