your oversimplifying fishfinder
the highest cost for these mines is development.
how much money to spend driving to the ore
how good is the ore body
they dont know mate
sometimes you take a punt. Maybe you get bonanza, maybe you dont
in the boardroom the dicussions starts. One side is confident and want to take the risk, the other side says its not so sure
There is no scientific model of prediction. Its in the hands of nature. One consortium can burn all their money up chasing reef , another lot comes along drives another 5 metres and there is the bonanza and its payday and drinks at the bar
you want to invest in these types of companies you better get hardnosed and realistic about it.
SLR has a dream orebody, they got lucky, most of the time it isnt that easy.
I don't think this is an easy mine. Just my feeling .
"Venus" is much easier :)
your oversimplifying fishfinderthe highest cost for these mines...
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