Thankyou for the very good and insightful post @plough. It's...

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09/08/18

12:40

Post #: 34830399
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Originally posted by plough ↑

DO you know it was diesel ? Often it is a hydraulic oil leak or an electrical fault causing a loom/ battery fire , or even brakes (although guessing with an LHD the brakes would be internal wet discs .
Maybe the guy you called was up all night hence why he was sleepy ,
As pointed out by another poster this is not like a pit wall failure in an open cut mine in the middle of Kyrgyz republic or the Amazon and a week in transport time from the capital , here the contractor can put an LHD on a low loader in Perth wave a few oversize flags on the side of the truck and have it to the mine site in 12 hours .
The "vents" probably would not be affected by smoke , maybe affected by fire but surely they can isolate off sections and repair them
There are large ventilation conduits guessing 1 meter in diameter that run along the top of the drives and decline that probably are combustible but would be easily repaired
anyway I have put a buy in on some shares for a pip trade seems every body is getting their nickers in a twist
I remember when Paulsens mine had a fire with 3 out of 4 generators offline about 7 years ago Bill Beument with his little $30 M dollar company NST (now $3 billion ) went up there and had it back running in about 2 days , guessing LJ will do the same on both accounts fire repair and cap rate appreciation .

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Thankyou for the very good and insightful post @plough. It's great to compare incidents between two gold exploration and production mining companies with out cross promoting them. It looks like DRM are about to spike in SP very soon after the brief sell off this morning.

DRM Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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Add DRM (ASX) to my watchlist

Thankyou for the very good and insightful post @plough. It's...

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