"......who owns a rusty but fixable plant "
Looks like the intention is to build a new plant eg
Quote from ASX /Media Release 11 Dec.'18 "The merged entity to be named Horizon Minerals Limited (subject to Intermin shareholder approval) – will have estimated Mineral Resources totalling 1.15Moz of gold and an extensive portfolio of highly prospective growth assets in the WA goldfields. The Merger provides a clear pathway to a standalone operation. The combined asset base will hold 562,000oz6 of existing estimated gold Mineral Resources located within easy trucking distance of the 507,000oz7 Boorara deposit which has approvals in place for open pit mine development and the construction of a new processing facility.
Cost ??
Horizon Minerals Limited, page-20
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