"I would think Murchison is mainly open pit mining which is lower cost per ton (all things being equal ) compared to underground mining therefore its ok to have lower grades"
Plough, check the RIU presentation on their website. Murchison will be mainly UG not open pit and costs will be contained because despite lower grades relative to Daisy Milano, bulk mining methods can be used in place of more costly air-legging due to greater widths of mineralisation and longer strike lengths.
Rowingboat
SLR Price at posting:
$1.80 Sentiment: Buy Disclosure: Held
