1MC 0.00% 4.4¢ morella corporation limited

altura is now a coal produer, page-11

  1. 333 Posts.
    Be interested to see the numbers lof the project. Definitely would have liked to see costs of production to calculate margins etc. I have a feeling the COP might not set the world in fire as yet but I noticed in the announcement under the heading management:

    "Altura will assume responsibility for technical management of the operations for the mine."

    So I suggest our management crew will find any potential cost savings and exploit them.

    All speculation at this stage but I do suggest that's why the SP has not taken off as yet because we still don't know the in's & out's.

    Will wait and see.
 
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