I've reread the anny re the purchase and I guess you're slip might have been on the money....... it might have been unprofitable for CRC to mine but won't be for SLR..
Wombola pit "the ore is within 50M of surface" "the pit was previously mined in the 1980's.. is in excellent condition with minimal cost and time required to recommence production"
Wombola dam "shallow mineralisation.. amenable to open pit mining"
& blue sky
"Deeper drilling has the potential to discover much larger deposits..."
"previous exploration was targeted at an average depth of 60M with only 10% of holes drilled deeper than 100M"
Not profitable......... well that depends ultimately on where you think the gold price is headed... eh?
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