Going from memory Nic ,that centralised facility was for Pb/Zn concentration from Border / Driehoek et al . Guchab , which is Cu/ Ag rich , is the now the main play . When there is a Cu concentrator @ Kombat , and a Cu smelter @ Tsumeb , both underutilised ,with both road and rail connection at our doorstep ,why would we spend big on CAPEX at Guchab ? As Estseon has said ,Guchab is a low CAPEX ,no brainer . $$$ sitting at the surface , basically waiting to be dug up put & on transport (road or rail) to pre-existing processing facilities . As I envisage it , you would do that first , get the $$$$$$$ flowing and consider the other projects and large CAPEX later . In that context , the Ag content/ $$ at Guchab would make it a low OPEX operation with high net profit which , by choice , you may wish to apply to CAPEX for a Pb/Zn concentration facility . Hopefully , by that time , we have so much Cu along the Kombat trend that we are too busy to be bothered with the Pb/ Zn for the moment .LOL regards Q
SBR Price at posting:
8.7¢ Sentiment: LT Buy Disclosure: Held
