RE: Join The Dots10 Oct 2023 18:28
Just my opinion but I cannot see Telfer being shut down as per Toffers post. It would cost an absolute fortune to recreate all of the Telfer infrastructure somewhere else. Plus a boat load more cash to remediate the current Telfer site and put it back to the original condition.
To build another Telfer....The government permitting. Approvals from WA gov dept's plus the Aboriginal people. The cost. The time. Using Telfer is feasible and reduces the AISC for Havieron. Transporting ore for processing at Telfer is much cheaper.
"I think it's highly likely Newmont will offer us Tel and Hav. Twiggy is going to build a processing plant, end of 2024, telfer will gradually be de-commissioned, Twiggy will see us okay, until Rio finally show their hand a bit further down the line! imo, but might be worth the wait! dyor. connect 4! :)"