re: Ann: RIU Melbourne Resources Round-Up Pre... Funny how this one is not moving.
RK happy to buy pretty much at market or above, but the rest of the market not interested yet?
Wonder what the catalyst will be?
Must admit I would love to know how much it will cost and how long it will take to remove the over-burdon and start feeding the high grades through the mill.
Each close to surface hit, even at low grade de-risks the project further.
The high grade at depth ore is almost a given now.
Was that last hit from 14M what we need to see more of?
To me this looks startling obvious as good place to park some cash - wish I understood the numbers on the Zn better though.
Ag - for inflation insurance
Zn - for the recovery if it comes
Also suspect that if they make it to free cash-flow, it will be used to locate some very good Au grades down the track - it is elephant country.
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