King Nick and the imminent PEA27 Feb 2019 00:18
Not long now folks.
This is what NM, King of Cascabel has said in response to the question, "Any surprises coming in the PEA based on the current understanding of how the project would look?"
NM "it's going to be bigger than we thought. The high-grade core has doubled, it's still got more to go. That dictates that we probably want to be looking at making the project bigger rather than smaller. It's definitely going to be an underground operation, and as much block caving as possible from an operational point of view, because any time you can use gravity as your mining technique, your crushing technique and part of your milling technique, because the stuff autogenously mills in the cave as it falls down. That's great for your opex. The little bit of crushing and milling we have to do will be helped along by nice cheap hydro power that comes from a big grid only 30km to the east, from a capex point of view, we don't have to build a port, a sealed highway, a desalination plant, power station, pipeline and powerline. It's all there."
GLA