CRC cortona resources limited

crc in the age newspaper yesterday, page-5

  1. 1,860 Posts.
    I agree with Plough on this one, he has the mining know how

    the Dargues underground operation is unlikely to be a goer as who is going to finance underground mining at about 6 g/t - nobody I expect, as 6 g/t would barely cover the development, mining and processing costs

    do the calculations if you don't believe me - try using about $200 costs per tonne, which is typical for underground mining

    the Wombola Dam resource as an open cut project seems quite feasible

    I was expecting much better from these well credentialed people hoping they would get it right
 
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