Why Mulga Rock more risky?
WA is a tier 1 mining jurisdiction, Namibia is fiddling with royalties and taxes which can affect profits. WA has proud mining heritage and low red tape.
Labor supply was a problem in WA but with iron ore and nickel dropping this is easing up now.
Once DYL get the ball rolling with Mulga we use our existing employee and infrastructure base to synergize with another good deposit to reduce costs.
Nambia is full of low grades, it’s OK but WA is where the real money(untapped resource) is.
Every other U region is full of competition, gaining ground in a relatively uncontested area is how DYL can become Cameco of the ASX.
THE SQUEEZE IS ON, page-1744
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