Ann: Mustang Recovers 460cts from Plant Startup-MUS.AX, page-36

  1. 12,944 Posts.
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    I think MUS should just keep ramping up the bulk and watch out. They already have 460cts on a small tonnage and you can be sure a lot of those tons would have not been the ideal feedstock. That tends to happen as you feed in sand and other surface material first off. I reckon their grade will actually improve as the confine themselves to the pay zones and limit waste.
    They may need 1000-2000cts for a decent sale parcel, but that won't take long now. The resource is open and producing gem quality stones. Also looks like a high proportion of these stones are excellent quality gems. Things may really wake up if they complete a marketing deal since it will add cred.
    This market cap might look funny in due course. Dyor
 
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