NAG 5.26% 1.8¢ nagambie resources limited

Ann: PASS Bid for North East Link Project, page-11

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  1. 478 Posts.
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    Problem remains. Do they want to bury PASS underwater, OR develop a decline??

    To develop a decline the pits are going to need to be dewatered, otherwise any proposed decline will be inundated with ground water.

    So questions is accept PASS, or commence a decline, which requires the open pits to be dewatered. Cant have it both ways. Unfortunately for NAG, the ability to develop a decline under 100 metres of overlying water has not been overcome as yet.
 
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