Interesting point about the Moolart Well mill eshmun, I hadn’t heard that previously. Makes sense, especially since from memory Capricorn’s plant was going to be based on Moolart Well (both Mintrex designed I believe).
Moolart Well named reserves are only small (74koz) however there is a decent satellite deposit at Gloster that Regis have started mining in the last 12 months and processing at Moolart Well. Gloster and the other satellite deposits bump total reserves up to ~400koz. They could probably truck that ore to Rosemont instead though which is another 20km south. They have lots of flexibility with their three mills.
RRL could be following the same playbook as RMS. Withdraw first offer, wait for the market to beg them to come back as the share price languishes. Difference is of course that the CMM board wanted the RRL offer. Hawke’s Point unlikely to have changed its tune I guess. No idea what their game is or if they would be a seller at a price slightly higher.
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