Re: the proposed merger: As said previously any extra costs of trucking ore an extra 130km to laverton are well covered by the expected savings in treatment costs. Toll treatment plants are a rip off.
At last in today's announcement, a mining company, KWR, has gone a part of the way to stating the fact...
"Benefits also expected to compare favourably against complex toll treatment agreements with typical profit bias for the mill owner."
Profit share is only half the drama...gold left in circuit, gold going through to tailings, lack of control by the mining company, You cant tweek the process if you dont own the mill. If anyone has followed the drama of MXR and the Burbanks mill, you'll know what I mean.
KWR Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held
