HRR - gonna make money or not?, page-14

I didn't discount in mining cost but they did. In the DFS which values it at 7.5c.

Since you're going to discount all the potential mining problems you must be certain the mine is going to run perfectly fist time every time, is it?

As for losing the seam. I'm not saying losing it and never finding it again. I'm saying enough to cause a delay.
Are you saying the geology and exploration drills holes go exactly where they are expected to be, as is the ore. Even though some is in the probable category? By definition do you know what 'probable' means. I know you want to talk you own game as a miner but there 's more to it than operating a jumbo. The mine manager may know that.

BTW, I have known more than one mine that has deviated from the ore, enough to cause them to need to capital raise. I would be surprised of many mine managers who do not. Herbet Hoover was a famous one who did. That you discount the possibility shows your level of mining experience.

As for your metallurgical knowledge. I'll discount that to the amount you displayed =0.

If the project is a cracker why didn't people pay more then 7.5c in the capital raising after they tried for months? If you're counting on it being completely mis-priced to the new major shareholders and you know more. I know whose assessment I'd rather take.