RE:RE:RE:RE:RE: Hammerdown FS Compared with MAE/Point RousseMAE will save $25 million US.....just read Ramblers economic valuation of the cost of trucking its ore to
Nugget Pond which is 40 km from its mill....$5 million US per year ....by milling its ore at Point Rousse.
It will save $60 million or more by not building redundant mining facilities at HammerDown that are operatiinal at Point Rousse.
Point Rousse also has a first class tailings pit , making redundant the environmental reclamation costs of three tailings ponds at HammerDown .
Point Rousse has one of the best mining crews in NL and the most modern mill in NL.
Point Rousse gets Hammer cash flowing within months as opposed to 2 years even if financing comes in 2023.
Once Hammer gets going Orion can be developed using Hammer cash flows..etc.
In the meantime, you won't see any cash flows from Signal .. Goldsboro.. until 2026 even and perhaps later..
Yet, that is your preference..and a very risky one