TGM 0.00% 18.0¢ theta gold mines limited

the way i read it - is it reduces the risk on getting a mining...

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  1. 2,454 Posts.
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    the way i read it - is it reduces the risk on getting a mining license for the whole area initially

    all that is needed is changing the current under ground mining license in MR83 from underground to open cut [ which shouldnt be too hard - certainly compared to getting a new mining license ]

    also the results seem pretty good to be coming out of Columbia hill - and they are drilling more there this month [ currently ]

    when doing the mining plan for a DFS they need to say when what bits will be mined - so they are planning the best amount of quick $ in to payback the finance... the quicker that is the less risk and better rates - better LVR etc can be negotiated

    just my thoughts....
 
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