So this mine wasn't profitable/sustainable in the past when the cost of mining was lower than it is today but people think it'll be profitable now with much higher costs/opex, expensive logistics and a falling gold price? lol
Not really a good time to try re-start an old mine when costs are through the roof and the commodity price is dropping. We're seeing production / guideance dowgrades all over the place from other gold miners but people think this mob can get it done? lol
Woof.
- Forums
- ASX - By Stock
- WRM
- Ann: Morning Star Gold Mine Readies to Rise Again
Ann: Morning Star Gold Mine Readies to Rise Again, page-16
-
- There are more pages in this discussion • 15 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 WRM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online