No, that's not a stope closing at the end of March, its a shallow dip stope, which requires what's been mined to be backfilled in order to provide a platform for the next stoping stage.
The red line is the current underground permitted area, if they want to mine it they will need to extend the permission area, which is unlikely to pose any issues
RE: Short position just jumped by 300,000 shares.4 Feb 2022 17:49
I see cornish lithium have applied for planning permission for a 1600m diamond drill hole near Chacewater, near wheal jane workings, this time on tregothnan (Lord Falmouth) land.
Interesting but crofty alone would be looking at 400 tonnes of concentrate per month, it is entirely feasible that there could be 1000 tonnes of concentrate a month coming out of Cornwall and West Devon.
Indeed, unfortunately we have a government who prefer to get pi**Ed, shout how great they are and wondrous things they are going to achieve while doing sweet fa.
I have to say I found the reaction to the RNS strange (not in terms of price, but the response here.
Last year there was uproar that the BoD didn't notify straight away about the stope collapse. This year there's uproar because they notified straight away.
But why mention finances? Really? Would no one have asked the question about the costs?
For me they learnt the lesson of last year and have given us what we asked for.