Mining isn't my bag (im on the processing side) so no idea how much it would cost. It may be cheaper but in the current environment their payback on $500mil would still be 4 years (assuming 2.5mtpa, 85% recoveries and 10c/lb margin). If they can prove higher margins then it starts to look far more attractive very quickly.
Attractive yes but still gotta get someone on board to chuck in the 500million in a depressed market
Ann: World Class Zn-Pb Resource at Teena-RXL.AX, page-94
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.3¢ |
Change
-0.003(1.61%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $525.1K | 3.433M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 881544 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 88176 | 3 |
View Market Depth
| Last trade - 14.53pm 25/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
