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0.00% 0.1¢ alcyone resources ltd

WhereuAs I understand it mines can be out into mothballs. I know...

  1. black opal
    17 Posts.
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    06/06/14
    06:44
    Post #: 13469075
    Whereu

    As I understand it mines can be out into mothballs. I know someone who was a caretaker of a mine site and it was activated once the comodity price reached a certain level.

    They would need to demonstrate environmental management continued, probably put a caretaker on site and pay the rates etc. Have a guess $300k per year?

    Better than going into liquidation

    Maybe today we will get some news
    AYN Price at posting: 0.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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