Laverton Gold With A Mill, page-22

I got out at 3.8c for a small loss..

if you look closer at all the deposits that make up their 500ozs none of them show great potential.. yes the grade is good but there is too much overburden. Some of these resources are 50-60kms away which increases the risk of it being uneconomical.

I suggest having a look at the location. But also note that one of them is also full of water and will require dewatering.. The cork tree well in particular would have a very high strip ratio looking at the open pit outline in one of the announcements. Good grades don't necessarily mean an economical gold deposit and for that reason as well as the nickel balls up. I am out.

Good luck to all holders.