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quartley just out, page-2

  1. 4,468 Posts.
    Check out this bit:

    "The other known area of interest to date is the Arruwurra Prospect, 15kms from the
    Main Zone. Outcrop grades at that location already attain over 30% and this area will
    be drilled as a matter of priority to determine the potential for a near-surface deposit,
    which could be developed more economically than the Main Zone due to a lower
    waste stripping ratio, and the possibility of it being direct shipping ore which might
    mean that the Company could defer construction of a processing plant until
    subsequent development of the Main Zone."


    Mak might be able to defer construction of a processing plant....this would significantly reduce the initial capex would it not?
 
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