PEM 0.00% 35.0¢ perilya limited

Having a 5-year mine life doesn't mean it will run out of ore in...

  1. 480 Posts.
    Having a 5-year mine life doesn't mean it will run out of ore in 5 years. It's been 5 years for some years now, because they have been discovering new reserves as fast as they have been mining them. They are spending $13 mil on exploration this year. Also, the current production problems will help extend mine life. (Gotta talk this thing up now)
 
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