RE:good interviewlikeike wrote: Like what he said near the end. If anyone knew what it took to get a gold mine up and
running gold would be 2 or 3 times more .....Copper mine tweeking would make copper
ten times more. No one seems to understand how hard mining is and we are going after
a limited resource on this planet.
(IKE) Have been here before and definitely copper mines are more painful.
Early on when QH said they were getting gold from conglomerates in OZ where it had
never been done before I knew this pain was coming but I am sure him and his very
capable team will persevere otherwise I would not be here. IKE
The way you have to view this is much more basic.
It doesn't really matter what money was spent up to now. It's water under the bridge. And it's very obvious that the Novo Treasury is not healthy enough to accommodate this new drilling exercise.
That's why this emergency PP.
The real key point now is managing the costs forward. Novo has control over this. And trying as best they can to generate some revenue out of Nullagine. I would think that the focus now centers all around the BC Operation. And not so much in the other corners of the Pilbara. Not for the rest of this year.
The kid interviewing QH hit all the right points. It exposes the challenges ahead (and trouble currently at hand).
It is what it is. For the ones that don't need this kind of drama, then try to find a calm place to enjoy your summer (if you're from the Northern half).
Tx