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Spanky227

03/31/15 11:43 AM

#92264 RE: es1 #92261

That post is wrong. A JV partner would need to repair a 60 foot raise to begin commercial production. 95% of the costs are not needed. Since NBRI paid for the rehab and owns the wash plant they could get a nice fat royalty for the mine. NBRI would get more than 20% for owning the mine and first pick at the nicest nuggets.