IGR 0.00% 50.0¢ integra mining limited

Cdchi,reckon it is still too early to tell what might be the...

  1. 5,867 Posts.
    Cdchi,

    reckon it is still too early to tell what might be the first stage reserve figure with all the variables outstanding:-

    infill/extension drilling on a number of different prospects-these results will then impact on the size of plant required,

    then there is the cost/size of the plant and the economies of scale that will generate (eg bigger plant/higher capex vrs lower opex-and hence the added ability to treat dirt they may have been only marginal originally),

    plant location (presume Aldiss) and the trucking/rehandling costs,

    then the 'wild card'-impact of any additional acquisitions.

    Note the net effect of all of the above tend to be positive side of the ledger in terms of outlook IMO.

    The next three/four months will be interesting.

    Cheers,TAS

 
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