IMO, direct comparisons to STB and FMJ here are not appropriate given that STB's deposit is near surface, FMJ's is likely 500-700m deep whereas TRH's is 1.8 kilometres deep!!! (slide 11, April 2010 presentation - wonder if depth was deliberately omitted from latest presentation...??)..also still an exploration target as with FMJ, STB has a resource
At 1.8km deep, costs for TRH will be substantially higher than any mining of FMJ or STB's deposits (on depth).
TRH Price at posting:
67.0¢ Sentiment: None Disclosure: Not Held