Hey Joel, how do you come to the conclusion that the economics no longer stack up for highway diversion/ open pit mining at SAR?
The original economic study, had the diversion costs around 70/75 million, and the value of gold was calculated to be 2400 Aud for feasibility.
With gold prices currently 1100 dollars higher then this assumption, then surely this would more then offset any cost blowouts with the highway diversion.
Ann: Revised Kaiser Resource Est Improves Confidence and Grade, page-46
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