They are going mining alright have no fear of that, guess they have to get there ducks in row first. They have to have a plan, seen it before someone mined underground and installed a head frame, realised a couple of years later they should have done more drilling a massive ore body beside the shaft, have to wait until mine is closed to access it now.
And ironically look at Never Never next to an existing pit and mill no one knew it was there, they just have to finish drilling, compile data and then get stuck into it.
Cost to get this in operation will only be low also, if they can mine the bottom of existing pit on restart it should be cash flow positive in no time.
This is a forum to discuss there is no right or wrong everyone has an opinion, things go bad sometimes and a million reasons why. That is why I always listen because I have had my share of being wrong ha ha.
SPR Price at posting:
66.5¢ Sentiment: None Disclosure: Not Held
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