Good example to look at is the old KAL which is now called Mastra (?????).
Has over a Million ounces near Norseman at 1.6 g/t or there abouts.
Capex is the big hold up.
Big bucks to risk on such grade.
GMR is very very fortunate to have a willing neighbour in Anglo (and a second mine down the track is saying the same thing, yes we can toll treat).
Even at 1M ounces, at 1.6 g/t in Mali you are unlikely to be building your own plant.
Still good bucks to be made by GMR here given teh options available.
Good example to look at is the old KAL which is now called...
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Mkt cap ! $8.821M | |||
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