Surely it is because underground is significantly cheaper than open pit when you are mining narrow veins as MNE are.
If at some stage in the future an on-site treatment plant is developed i am sure they will revisit the open-pit discussion.
It's exciting times at the moment, if the bulk sample (or first 5000t if they choose to do a whole shipment) has economic grades the operational and market outlook would change very quickly!
- Forums
- ASX - By Stock
- MNE
- fact vs fiction, time to clear up
fact vs fiction, time to clear up, page-27
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)