The oxide heap leach option was taken because the sulphide option was not economic in either by CIL or heap leach.
Significant dollars were plowed into defining the sulphides over the years, and this is obvious by the section in the recent qrtly.
The pilbara is patchy, RNGs oxide resources (not reserves) were limited, sulphides don't pay, why they didn't spend their money on discovering further oxide?
The MD has correctly resigned (pushed?), and in my opinion Neil Phillips should follow suit. His renumeration is something id expect from TAM!
RNG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
