Maybe they can sell that Bauxite mine, and return all the funds to long suffering shareholders. (Except Volcan, who need to forfeit all their shares for the loan of the Gem mine)
Metro mining is claiming in their current capital raise that bauxite is USD 55 = approx AUD 84 currently
CGB's scoping study was based on AUD 53 per tonne. imagine the profits now. Surely BHP wants to buy the bauxite tenements?
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Maybe they can sell that Bauxite mine, and return all the funds...
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