MNE 5.26% 3.6¢ metallum limited

pls explain, page-33

  1. 8,944 Posts.
    lightbulb Created with Sketch. 65
    Well it's easy to see how they continue to need to top up with dilution.
    From memory mining costs were around $50 per tonne so if we take oxide at 137.15 minus 50 = $87.15 x current production at 2000T per month is $174,000., $522,000 a qrt. Wasn't outgoings for this qrt $1.1 million!? No wonder thye brought in the 6 tonner and need a new truck. All IMO of course and love to be corrected.
 
watchlist Created with Sketch. Add MNE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.