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clock Created with Sketch. 13/01/19
09:01
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Originally posted by bushmaster:
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I agree judistiction might be an issue, but it's an issue everywhere, the amount of red tape required for any procedure to take effect in Australia could be one of the worst. At this point of time the things in our favour is that we have a unique approach with a very high grade resource. Will it be mined underground ? most definitely it would be as Intersets are often greater than 100m, but at still a low capx, and rising gold cost were going to see a good level of profit. Note that costs will be cheaper in Spain and labour freely avaIlable. The PFS which will be due sooner or later will disclose these important stats. The PFS from the Golder study done in 2010 (reference via SEDAR Canada) in the same region is encouraging and gives us an estimate of the capx to be around $450 USD ? or there about. further to this the director buying about 32k more on the ASX should be a big smoke signal that something big is coming / maybe even a permit with a PFS ?? all speculation from my end AIMO. DYOR. I liking how tightly held this stock is, small volume on the push down indicates some manipulation and accumulatIon. holding strong. Open to correction here.
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I would have thought that a cut-off grade could be found for this deposit that allowed it to be trucked or trained to a heavy industrial area for treatment.
