RNU renascor resources limited

Well Names little the reason that the Siviour project is so...

  1. 527 Posts.
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    Well Names little the reason that the Siviour project is so competitive even with high wages in Australia is that the ore body is horizontal and contiguous allowing for a low stripping ratio of ore and waste.
    If you look at other projects the ore bodies are more to a vertical insitu and have high stripping ratios. It doesn't take a genius to work out that if you have to dig up more waste to get to the ore then the mining cost will increase. This flat lying ore body is the one of the reasons I invested into RNU.

    I think you will have to do a bit more research and come up with something else to be negative about the company, but to be honest, you have had enough false starts already and should just move on. I believe most people on this forum have your measure, primarily because your really not that smart.
 
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