When you have to strip back 150 to 200m of waste that costs capital - and that's before you really start getting the production up.
Now thats a lot of capital as wast needs to be moved - it costs money to move it.
There will be capital also required to have a functioning mill - that's what will process it.
I can't see the huge pre strip costs which will be enormous to make it a enonoically viable mine. Let's pray that more intercepts between the two pits keep coming. The area between these pits have a much higher waste capacity to move in the event of a possible superpit that is now being sold.
Good luck to the shareholders. It will need more than a few intercpts to make this one work.
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- nice results but to mine requires a huge strip
When you have to strip back 150 to 200m of waste that costs...
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