There are steps that can be done to bring MEI back into better economical standards though, Further Met testing to replicate VMM latest Ann ph4.5/.1 Amsul wash to bring down Opex, continued exploration for 4000+ppm zones and possible reduction/tax incentives in Brazil to knock the 38% tax down abit.
99% of Companies simply need higher REO pricing to even dream of breaking even.
Ann: Significant Breakthrough in Colossus Metallurgical Testing, page-38
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