dan, expansion of the heap leach facility is supposed to bring in higher production AND lower cost of production. higher production because putting down more pads means more ore is treated, more nickel produced. lower cost of production because the ore being treated by heap leach is lower grade, or even waste ore, so it is making use of already mined ore (and therefore paid for) that wouldn't otherwise go through the HPAL process. PJ has always, always said that MRE would look at any option to grow through purchase of other projects in any commodity, but has to be at the right price. guess he is still looking for something at the right price.
MRE Price at posting:
96.5¢ Sentiment: LT Buy Disclosure: Held
