Do FMR Investments still operate Eloise at the moment? Last time I heard anything about them was the Breakaway Resources then the change to Barminco then FMR, I assume they stopped mining in the post GFC low copper price period, but they must be very deep by now so probably a high cost, high cut-off grade and challenging place to make money. Do they even make money at today's Cu price? Who knows as so many base metal mines have gone to private ownership now you never hear anything about them once the operations are no longer in the hands of ASX listed companies.
I don't recall it being a big mill at Eloise, but it would undoubtedly be set up for Cu Au sulphide orebody feed.
MEP Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held