the high rutile content means it would be profitable at current and higher prices.
So it would be banked and used down the track when all the prices warrant it.
I would like to see Kwale up to a 20 year mine life even if it wouldnt be at current levels of profit.
for eg instead of $120 mill per year profit maybe $50 million a year would still give us $1 bill profit over those 20 years.
$80-90c a share in profit would be acceptable to me.
- Forums
- ASX - By Stock
- BSE
- Ann: Mineral Resource for Kwale North Dune deposit
Ann: Mineral Resource for Kwale North Dune deposit, page-3
-
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BSE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online