Yup even if we stopped at 650,000,000 tonnes of material,
which i doubt...
If we ramped to MT. HOPE bank feasibility numbers speculatively
60,000 tonnes /day x 350 = 21million tonnes/year
650/21= 30 years of mining........ what more could you want..
its still open to direction and possible high grade depth...
so we just hold and wait........
IF one did ramp to 60,000 tonnes /day x350 x .0006 x2200 x 33$
Thats 915$ million /year gross.... for 30 years... anyway
with the amount of .1% material to start..... its very viable
to kick-start a mine... after your major capital costs have dwindled
an d you extend the resource.... really for a major you are
definitely in the big leagues to be mining at large capacity for
a very very long time... so its worth the move imho!!!
LIKE traderdad says big is very attractive , and its in Canada.
ATB
Sandy9