trkjd1MCO has reassessed things, after sifting through...

trkjd1

MCO has reassessed things, after sifting through historical data, and will be a year or so behind its scheduled start up at Morning Star - but will probably end up with a bigger and better plan.

at the risk of repeating myself..
similarly CTO reassessed things and switched its focus to the Western decline (from the Eastern Decline) after discovering that rich reefs extend all the way west... and the western Decline could link up other mines - the imperial and sons of Freedom.
With the revised plan and the focus West ,the Warrior Mine has gone from a 40,000 oz/annum plan to a 100,000 oz/annum plan - so it's not all pain.
There's also a lot of gain (250% worth) - but the price is a delay.

So be it i reckon.

also you need to consider that MCO always had an easier task as it doesn't need a Decline initially at morning star, to access some near surface reefs - but nevertheless will be a year or so behind its scheduled production start.

I also hold MCO.