Has anyone else noticed both in the Kulu flyer on the website and also the Mines and Money presentation (also on the website) that they both mention the stage 2 development of Kulu being proposed as a 60,000 tonne pa SXEW? And the date for development being sometime in 2007?
When you consider the projections for the 100,000 tonne pa target by 2010 only include Kulu as 18,000 tonne pa (and low percentage concentrate at that) and don't have Kinsevere as 60,000 SXEW as well then it makes that 100,000 tonne figure VERY conservative!
(also remember with cost per pound with SXEW is estimated at approximately 40 cents per pound)
Comments appreciated
Cheers
J
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