GREY:RNKLF - Post by User
Comment by
factRbeston Mar 08, 2018 9:06am
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Post# 27681698
RE:He are a few simple questions if anyone whats to
RE:He are a few simple questions if anyone whats to factRbest - (3/8/2018 8:54:36 AM) He are a few simple questions if anyone whats to give them a go.
1) Are you statisifed with the status quo at Beta Hunt ?
(Tonnage and grade recovered)
2) If not what do you want to see happen to remedy the issue from number 1?
3) Do you think the remedy you listed in number 2 is doable?
Me
1) NO
At issue is the grade and if it is not high enough digging more rock means losing more money
2) The grade needs to improve dramatically
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Should add
If they switched back to nickel then all answers would be yes.
Again I say this based on the previous fiscal results from Salt Lake mining as well as Consolidated Mining before them.
Furthermore the PEA that RNX commissioned on Beta Hunt after they bought it where the operation was referred to as "PORFITABLE even with low nickel prices".