GXY galaxy resources limited
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Ann: Mt Cattlin-more repetitions encountered under main pegmatite,GXY-GMM.AX, page-9

  1. Juno
    3,881 Posts.
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    11/04/16
    09:00
    Post #: 17468911
    The stripping ratio deteriorates because you can't have a pit with vertical walls, meaning the waste to ore ratio goes up and economics become progressively worse. At some point maybe a decline becomes viable, all this depending on grade and volume as you go down.
    Last edited by Juno: 11/04/16
    GXY Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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