AVM2 Nov 2015 22:10
Looking at the drs again last night,from 2005, teckie stuff, or language, over complex . (They have to show their value) as is normal, says nothing other than the area is not much different ,ie , complicated geology, than all gold regions. Take note ACP.investors!
Now unless gold rises, or cutting down and processing higher grades ,like all are.
All they can do is cut costs or mothball, selling, assets if poss to cover debt.. Or carry on.
If the will is there,in a bloody awful climate and temperature, can carry on ,as did the cornish tin miners, But on a much smaller scale. chasing the richer veins,as did tin miners, but can they get the labour?
The opencast equipment at this point in time and the current gold price makes the business model irrelevant , That is why we hear no communication But gold has a much better reward than tin,
This area will still be mined in 500 years time.. As it has always been, plenty there but ,King Solomon's mines was a book. So no one get carried away .
I know I may speak wubbish but until AU is synthesized, will always be the ultimate currency, to buy whatever ,anywhere, whenever.