MTC 2.86% 18.0¢ metalstech limited

The JORC Resource and the past feasibility studies are based on...

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    The JORC Resource and the past feasibility studies are based on open cut. The underground resource is minimal, and is assumed to be mined once the open cut is dug out. Underground would require a lot more exploration.
    Also the 2nd April announcement states the nearby town is actually the country's largest city and is only 17km away from the project.
    Even if a viable underground deposit is proven, I cannot envision even an underground operation being able to operate there without local protest.
    Sorry, Good luck holders.


 
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