bigvish'
You'll probably have most folk here say YES.
Its best to do a little research yourself by going to their great website and reading some posts. That webcast this morning will get you up to speed with whats going on now as well.
If you do some simple math and work out some possible profit scenarios you'll see why some people in this forum are so keen in this share.
The market cap at the moment is hovering around $20m and they are planning to put through a mill between 40,000 to 50,000 tons of ore per annum although they will start off slowly. The cost of processing will be one of the lowest in Australia. That tonnage should equate to between 25,000 to 30,000 ounces per annum. Even if you use $500 / ounce the envisaged profits are ridiculously large.
- Forums
- ASX - By Stock
- MCO
- ng on brr
ng on brr, page-16
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MCO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online