Yes very good points, basically minimal (if any) need for huge ball mills to crush the rock, then crush it again prior to processing... so a lot less electricity will be required compared to more conventional milling operations. Our cash costs for processing ore will likely be in the lowest quartile globally. I'm interested to see what our strip ratio will be and it's associated cost per tonne. We will need to move quite a bit of material in the main pit, but you can do that pretty cheap when we're talking quite soft material (less blasting, easier on machinery etc.).
KSN has the 'blue-prints' of the former mill in hard copy and electrically... and our exploration manager on the ground was a former employee of the historical mine.
All setting up nicely for when gold sails for US$2,000/oz+
The monster of Misima will live again...
KSN Price at posting:
14.0¢ Sentiment: Buy Disclosure: Not Held
