Comprehensive report. Couple of points that seem to jump out:
- may be issues with some of the deposits having copper impurities, affecting processing
- lots of separate deposits, no really large ones. Therefore high cost?
- no mention of using the existing Barnicoat mill, so is a potential asset for FML to move to...TI, etc
- good timing, as the poor weather, a temporary issue, brought about CRE's need for cash.
Overall good! IMO
hartleys research, page-3
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