TAM 0.00% 4.1¢ tanami gold nl

massive costs, page-4

  1. 8,334 Posts.
    lightbulb Created with Sketch. 914
    add it too the list of failed jnr explorers-come-producers:

    RNG-BMO-WEZ(never got off the ground)-Fortnum (cant remember who owned it)

    It's a sad thing to see - unfortunately gold just doesnt pay like nickel. 1% Ni = 12g/t Au - this means most of the Kambalda jnr producers are mining ounce-dirt plus.

    Throw in the complexities of narrow-vein orebodies, somewhat shoddy management, and distance from services...

    IMO You need a massive Granite-style orebody to make it worth your while in that part of the woods...

    But hey, what would I know either??
 
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