GREY:DULMF - Post by User
Comment by
junior_mineron Sep 04, 2009 3:25pm
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Post# 16279963
RE: RE: RE: Losing some steam
RE: RE: RE: Losing some steamPolymet has been moving nicely lately. Anything that's good for them is good for us. People will realize eventually.$0$0$0$0POM operating costs except mining would be quite comparable to DM's. Same type of ore, same hydromet process. If their number are accepted, so should be DM's. $12/t mining is quite acceptable estimate. Situation for long hole stoping does not get better than this: Rock is very compentent. Mineralization is has ~50 meters vertical lenght. Mineralization is continuous. $0$0$0$0$0DM is far bigger, lower cost, larger production than POM. Capex is no problem just look at the IRR at any imageable metal price scenario. $0$0$0$0