RE: Positive Preliminary Economic Assessment on Bi imo this is just a great great news!
december, share a bit of you dd with this point?
it means CRK can reuse lots of the Stawell and need not to close it down. and might be more time to redrill some areas to just let the underground mining running some more time (ladder is a guess).
=> still three big mines running for years to come. the only sad is, 40 mio. sounds not that much... might be its a multiple in cae you can realise current gold price, which is much higher than the used in the calculation. but I did not check, what leverage is in (cost per ounce used in the calc to be checked versus the current goldprice) => are we @60,80,100 mio profit with current gold price ?
I do call this now a turn around happend. hoping the managemen got it now and for ever...