'The strip ratio has a significant impact on the costs of a spodumene mining operation. The average life of mine ratio from the scoping study is 8.24:1 which is very high'.
My logic says that without the results of the current KV Drilling Program - hopefully proving up a larger Resource - it would be impossible to calculate and amortize the costs of any stripping. The opinions of the parts of any rivalling Management that like to hang around the Brokers and the other flotsam and jetsom that bobs up elsewhere are irrelevant until all results and estimates/studies are completed - amortization is the key to such as this.
Michael.
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