That really depends on what they "plan" on chasing this time now, doesn't that ???
GOLD or NICKEL ......
Now the US has lowered it's interest rise expectation forecast for the year today, gold has rallied and US index dropped back to February levels. If there is a time to start this stupid gold tailings project it is now as gold may finally crack that $1300 US + mark at 75c Aus. making over $1700 Oz. Aus. The tailings BFS was profitable at $800 Oz Aus with a plant at Windarra. (so they said) ... What are costs without the plant ??
Even with a 45% recovery on the Oz that's at 0.7 g/t. of the little over 100k Oz available, recovered over 3 years give or take, should bank that $400k a month easily after expenses even at $1200 US Oz ....
Your $400k/ month assumption must be based on GOLD...
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That really depends on what they "plan" on chasing this time...
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