EXU 0.00% 17.0¢ explaurum limited

You're assuming they wanted to truck Tampia ore which I'm not...

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  1. 1,246 Posts.
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    You're assuming they wanted to truck Tampia ore which I'm not because it never made much sense to me(providing it keeps adding oz's ) and RMS don't make choices that aren't based on best economics  .

    I think it fell over because scale of Mace didn't look to provide enough oz's to justify the 5c .

    By the way I'm sceptical about a payback period of 18 months .

    Don't mistake me , I think Tampia seems a good project just EXU management seem to overstate and posters here seem to believe it all .

    For example I believe expectations for Mace were unrealistic .

    Companies don't normally build mills on half a mill oz reserve (which you really should be aware of) .

    Tampia needs to be drilled out further and I'm sure it will .

 
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