re: -acturtle Hi Tas
It was about 10 years ago I had a look at Simberi.
I recall it was a multiple pit project, but that the grades were reasonable and had low strip ratios and very soft dirt.
my summation at the time was that is need more reserves.
You may be right re costs. But I will try to find 10 mins to take a quick view on the latest proceedings with ALD.
BMO looks very good atm compared to most others.
Has done all the hard yards and still priced OK against NPV. Everything is looking expensive at the moment.
acturtle
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