Hi Head,
As I have said, it is my opinion only.III need a customer,first.Then they have something to go to the financers with.Catch22!
Many companies are in the same boat and with the worlds economy in a shambles only the ones that are cashed up,and can see it through, will survive.
A company can have a billion $ resource but it is worthless unless it has been costed to the end user.Logistics of bringing your product to market seem to be secondary to a lot of juniors.
GG
I agree,no good having a billion dollar resource if it is uneconomical to dig it up.
Icon do not preach the billion dollar angle,20million after costs per year.Infrastructure and logistics are always a problem for new mines.No such problems at Mt Carbine,on a main road and power and water on site.The biggest problem is finance... hopefully that is sorted soon before the SP is really shot.
Cheers
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