Pink panther wrote "Final visit was over to Paulsens mine in WA and his comment was the operation there compared to the two others was "chalk and cheese". Highly efficient."
THe MD of NST which owns the Paulsens mine is the ex operations manager of mining contractor Barminco with them he use to oversee 10 mines concurrently, now he just manages the one -Paulsens, and has bought his own mine equipment and workforce, after cancelling Barminco's contract at the mine, developemnt is around 250 metres per month think they only have one twin boom jumbo, and hoisted ore is around 18K tonnes per month. Be interesting to know CGTs development linear metres ! OK I hold NST but mods this is for comparisson purposes only I am not cross promoting !
CGT Price at posting:
9.6¢ Sentiment: None Disclosure: Held
