Stage 1 - Retreatment of tailings.
Stage 2 - Reopen pit.
Stage 3 - Reopen underground mine.
Stage 1 estimated cost to get into production is
$6.2 million + working cap [$ ?]
Stage 2&3 to be funded by profits of stage 1.
Feasability study needs to be done on all stages prior to
commencement of stage 1 [$ ?].
These guys need funds fast . Rights issue only raised $1.2m
And there is less than half left .
Any ideas anyone?
mt carbine stage 1
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