Ann: EQR Appoints Bankable Feasibility Study Lead, page-4

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Hutcho8

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25/05/21

13:36

Post #: 53399770
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Originally posted by Rob1000: ↑

Wasn't that all ways the plan?

When I saw the announcement, I though it was just a bit of ramping. But now reading the devil in the detail. I seen they have ditched the underground. The quickies to production, lower capex/higher grade option . You know, just dig up the goal square rather then the whole field.

Was think 2.5c might be a re entree point, but my wife has complained for years that I go off to early. So will wait and see how the latest plant mod go.

"The feasibility will assess the potential for an open pit operation in the early years prior to going undergroundtargeting the significant resource at Mt Carbine."

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I am a bit new to all this, but would have thought stage 3 has been skipped? Anyway had to google to learn....

EQR Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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Ann: EQR Appoints Bankable Feasibility Study Lead, page-4

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Ann: EQR Appoints Bankable Feasibility Study Lead, page-4

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