RMI Wowo Gap deposit is more likely a High Pressure Acid Leaching (HPAL) because it is very close to Ramu Project. HPAL is capital intensive. Only large deposits liek Wowo Gap can justify ~$1bn investment
While, GME is a Heap Leaching Process, cheap in initial investment.
If you want to know what it looks like financially, try to read the scope study by MLX on 12 April 07
We are talking tens of $billions of dollars NPV for the life of the project.
RMI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
