Does anyone know how much reserve life there is in Chantree mine? It just looked a bit low at less than 1 million ounce.
I can imagine this is the deal:
1. Remove royalty for mining (worth about $220 per ounce)= $US28 million a year, at 7 year mine life, that would equate somewhere around US$200 million or $300million AU
2. Grant other mining licenses without royalty. (In the past North Chantree was talked about),
3. Any other concession?
Does anyone know how much reserve life there is in Chantree...
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