RE: RIO's Argyle mine15 Apr 2024 15:53
Trader - Why did you add these comments to this thread.
"Another poster mentioned ASIC for companies like Newcrest, Newmount being higher. This is true as these companies have higher operating costs. It is why they need projects with larger ROI. Newcrest, Newmount can borrow larger amounts and at lower interest rates than the likes of GGP. They can afford to buy the larger mines with a greater ROI. The aquifer needs to be resolved. Costing time and money."