this gets better by the minute.
not sure where to start making a comment about this.
are we to understand that because final approvals don't come thru till march 2016 ( the approvals which only needed to have absolute minimum changes to previous one, infact enlargement of tailings dam not needed and cyanide removed, so really only extension of mining licence needed only I think with approval of an extra coffee mug cabinet )
and with regards to commodity markets- ( where infact gold price is 1500AUD and low oil prices and better contractor pricing)
The value of Dargues will be reduced by approx. 12million!!
Even though we are in a better position then when Dargues was bought.
much less needs to be spent then before and lower running and building costs.
what is going on????
UML Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
