SMI 0.90% $1.12 santana minerals limited

Ann: Outstanding Economics - RAS Scoping Study (First 10 Years), page-5

  1. 33,533 Posts.
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    They seem to gloss over the tailing storage facility (TSF) location .
    How close is it to Shepherds creek ? And strange it is above the process plant .
    Personally think there could be some big environmental opposition to a 20 Million tonne capacity TSF (page 53) , even if the tailing prove to be relatively benign .
    And looks like there are native lizards in the project area , how are they going to collect the lizards and take them to a safe place ?
    Nice to see the process plant is to use low cost and likely environmentally friendly hydro electricity .
    mining cost of NZ $4.00 a tonne seems very low compared to Western Australian operations like ASX listed CMM who are considered one the lowest cost operators .
 
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