SVL 2.02% 9.7¢ silver mines limited

Looking good! No need to rush things, the worst thing that can...

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  1. 547 Posts.
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    Looking good! No need to rush things, the worst thing that can happen here is a rushed EIS and mine design etc. Do it right the first time to prevent a re-approval and another EIS with more community work and the flow on that goes with it.

    With the anomaly results, if they're positive the pit design will more than likely need to be massaged to accommodate extraction of the anomaly in the future. Underground workings are far more expensive than open cut in case people are unaware. If an open cut pit is situated closer to the anomaly it will take less underground development and driving of declines etc to get to the anomaly ore. It is smart business to do this stuff properly the first time than revisit it later and spend SHARE HOLDERS MONEY on f*** ups that could have been prevented the first time around.

    I have seen too many mining companies with blinkers on snooker themselves and cost themselves money in the long run to get some quick money in on start up. Delay start up a bit, do it properly.
 
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