TRO 0.00% 6.1¢ triausmin limited

tro cf jml mining cost ebit etc, page-4

  1. 22,691 Posts.
    I don't think one can compare JML with TRO.

    JML has about 1.7 mill tonnes of ore and TRO's Woodlawn underground has 10.1 mill tonnes.

    By the time the TRO tailings and the continuation of Woodlawn (60% owned), as well as extra ore from areas already worked over are included, one will be looking at a much bigger tonnage still:
    http://hotcopper.com.au/post_thread.asp?fid=1&tid=387260#1365784

    The pre-feasibility study in February will tell us the duration of mining at Woodlawn. I think that no more than 10 years will be allocated to the Woodlawn underground's 10.1 mill tonnes +.

    Actual mining could be longer due to tailings and the continuation of the Woodlawn mine. More drilling will need to take place there.

    Gerry
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.

 
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