MCO 0.00% 11.0¢ morning star gold n.l.

ng on brr, page-6

  1. 5,428 Posts.
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    Nick always presents well an today is no exception. The nitty gritty is towards the end of the presentation.
    * The company is entering a couple of stopes and intends to release an announcement on grades next week.

    * They are preparing to work these stopes and put ore on the pads over coming weeks.

    * Toll treatment options haven't been completely discounted yet.

    * Expectation is that 88% recovery, coarse grind, gravity circuit will cost $1.5M (finance issue over short term??)

    * Option take up expected to be high.

    I see hints of a placement to fund plant construction over the near term.
 
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