Well I am looking forward to seeing these drilling results from the next few holes. If, and that's a big IF, the results are good and we can prove up a resource of 100 mill tonnes, plus the sandstones which should be a similar post benefication number, then we have the ore for a 20 plus year mine.
All we need then is the ability to mine it. So we need the EPA on side and we don't want a takeover.
So Tony, what is the best case/worst case timeline for mining and EPA approvals?
I would imagine, at todays prices, if we were mining we would be making in profit over $100/tonne. If we were shipping 5 MT annually, that makes us pretty profitable...
Just need to prove up the tonnage and get those approvals.
PLV Price at posting:
42.3¢ Sentiment: Hold Disclosure: Held
