My understanding of MRP's situation when it comes to Nimbus:- 1....

My understanding of MRP's situation when it comes to Nimbus:-

1. Mercury discovered in Nimbus - increased cost of silver/zinc extraction than previously estimated. Previous MD Goodz had estimated a cash cost of $12-$14/oz, but it has been since proven to be severely underestimated after the discovery. (Am glad they discovered this at the feasibility studies stage before actually getting into development/production)

2. Still exploring ways to economically mine Nimbus silver given what has been discovered- samples sent to lab for tests. There hasn't been updates on these tests for a while now.

3. Focusing resources on Boorara instead as lower hanging fruit and more feasible when compared to Nimbus.