I feel Financiers will look negatively at the processing treatment method which to me seems unproven in Australia.
Given CRB which is also looking to use Resin in Leach for treatment , has a more robust mine plan than this and still has been unable to get financing what hope is there for PGO to get financing ?
Despite the high tpa I also find it hard to believe such low grade ore without credits can be produced for such a low AISC.
Ann: PGO ANNOUNCES POSITIVE SCOPING STUDY FOR MOUNT BUNDY, page-11
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