the company has already indicated that feasibility studies for durkin nth, and BO1/BO2 ore bodies underway .....I think Mulac got an answer regarding release (soon).....
my (rough) estimates are 15m capex, and abt 6m+ respectively.....
I rekon we might be pleasantly surprised regarding opex for Durk Nth !
imho - the company "wont" restart production until they are "sure" that they will make $$$$$ ........I rekon this is circa 4.80-5.20 us/lb .........(ie they would like to see a period of price stability).....
rgds
V_H
MCR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held