KAU 0.00% 14.0¢ kaiser reef limited

Just need to keep sure the mine is a good investment and worth...

  1. 825 Posts.
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    Just need to keep sure the mine is a good investment and worth getting back into production first.
    Don't want to be rushing in to start up the mine only for it to be unprofitable and or a bad investment.

    Remember it won't be as good as the A1, the main thing it has going for it is that it is close to the processing plant and already has a decline and most of the needed infrastructure.
    But in terms of geology and general quality of the mine it's not amazing so management need to do the studies first and have a solid plan to make it work.
    These narrow vein mines can be very difficult to mine efficiently and insure the ore isn't diluted too much.
 
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