BIG 0.00% $2.22 burrendong minerals limited

The mine closed 21 years ago so you are kidding yourself if you...

  1. 6,757 Posts.
    The mine closed 21 years ago so you are kidding yourself if you think they can just switch on the power and start mining. Someone come up with a reasonable figure for capex please.

    As for opex well its low grade so I would guess quite high by industry standards - again anyone with an educated guess please chime in.

    As for ownership - RAU has currently 0% I believe. So if the current owners are not complete suckers they will sell it for a fair market price. That means RAU holders will be diluted massively if its good, or have a worthless asset if its not.

 
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