Great post psi81, with a good comparison of the two mines....

Great post psi81, with a good comparison of the two mines. Obviously, cost is an issue for Altona. At the current rate of expenditure, the NPV of Kylylahti ( using direct costs and allocation of HO overheads) is probably close to zero. Something needs to be done about it. Perhaps the mine should be sold to a buyer to extract a better value from the mine.

Obviously retail punters cant do much about it (except voting at AGM) but institutions should take note - you are obliged to your investors to maximise returns and not just idly sit and wait for cu prices to increase substantially.