Yes I understand that, originally the feasibility study included all ore zones and considered all processing being done above ground at the site of the old processing plant...
Now the study includes ore sorting and crushing underground, only bring up high quality ore... The study also only includes the Zorzone resource and no other exploration upside - this would have been done because the exploration upside isn't JORC 2012 compliant... IMO this staged approach is the right way forward...
Hopefully they can find a low capex way to restart production and fund the future exploration upside through revenue... I do fully understand the frustration, though also understand the sensitivity in a feasibility study like this - last thing you want to do is rush engineers!!! With time they will figure out the most cost effective way of restating this mine - FS due in the next 4 months so definitely something to look forward to.
- Forums
- ASX - By Stock
- Ann: June 2018 Quarterly Report and Appendix 5B
Yes I understand that, originally the feasibility study included...
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