As a fortune teller I would say the Murchison operation will be placed on care and maintenance , and the next announcment will state the assets will be written down.
Obviously Very hard to justify running an operation that is costing more to operate that the POG
What it should also say is the mine engineers who did the OPEX of it costings should be sacked.
Anyway thankfully I did my own costings realised it was not worthwhile and shifted my cash from SLR at 85 cents to NST at 8 cents several years ago.
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As a fortune teller I would say the Murchison operation will be...
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