re: drilling results melba flats out
"I know stuff all about mining but my guess is that an open cut mine would be a lot cheaper to commission & operate than a decline. Would that be right? In any case, if the beards have applied for a mining lease then Melba must be feasible to mine. They've not made any spectacular promises and that's what I really like about this managment team :)"
Good points here. The mine can be as big or as small as is necessary. If there is only a modest amount of nickel, then a modest investment is made on the project. Its not an expensive project to get up and running for AGM. So really its all a bonus, how big or small we dont know.
Incidently I recall reading that exploration in the area was hampered by a significant "cultural feature/s". Not sure what this means, looks too far inland for their to be middens present. Anyone know?
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
