GRR 7.14% 26.0¢ grange resources limited.

Ann: Savage River Underground Prefeasibility Study Results, page-27

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  1. 13,525 Posts.
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    Minings a hazardous business and the less people down there the better as far as I'm concerned. One of the options being considered is a fully automated mine, I'm not sure what that entails but presumably it can be largely operated from an office above ground...

    However UG mining in Australia has a good safety record in recent years and driving a truck on the open road and dealing with other idiots on the road probably poses more risk...

    Anyway the issue is a few years away and now the attention turns to SD , it will be interesting to see what that PFS turns up , its more of a priority as far as I'm concerned, we know SR is limited by capacity regardless of what they do there.
    In the meantime we have at least a couple of years to build up cash before anything much happens IMO .

    Cheers Whisky
 
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