HRR - gonna make money or not?, page-13

Hi arsenic

have you taken into account the discount in mining cost has on the 6% grade? when this is taken into account what would the grade be 8% 10% 12% 15%? I suspect the ore will cost about 40 to 50% less to process so I'm thinking the grade is around 10 to 12% once the mining discount is applied to the grade.

Will the floatation process have an additional step added to aid seperation, floatation?

What does the met work say about recovery from the reclaimed material?

Rock falls - mesh, friction bolt, shotcrete, cable bolts
Seismic - paste fill
Water - skid mounted mono pumps, poly extended with mine development, grouting exploration holes, bores installed into water producing contacts
Losing the seam - how?, does the jumbo operator ignore the survey and mine off at 45 degrees for fun? Is the block model in the wrong spot? Is the exploration hole camera shots made up for fun?

bah humbug, I would join in if you were bagging the Directors and their woeful handling of the project finance, and the wealth destruction of existing shareholders for there mates benefit.

The project is a cracker

71c4