I would be looking to sell the old stockpiles, possible tailing dams as well.
Biggest problem, sample it get results, offtake partner to complete met work, screen all the metal and wood out of it, managing the hazards associated with old workings.
Its an unrehabilitated site so would expect mining approval to be much easier, probably wouldn't need environmental studies to clean up the site, just a comprehensive management plan.
Ship it to China in half height sea cons.
Running 5% cobalt
100t = $45,000 usd
1,000t = $450,000 usd
10,000 = $4,5000,000 usd
would expect to lose 30% in operating costs, but the cobalt % might be higher, silver credits?
would be looking at the tailings dam and backfilled stope for ore as well, also any bund walls around old open pits.
71c4
MTC Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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