MCR
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0.00% $1.39 mincor resources nl

Ann: Share Purchase Plan closes early, page-43

  1. ccdavid
    2,487 Posts.
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    13/01/23
    16:55
    Post #: 65681956
    It all boils down to the Quarter Results. A 2KT in Nickel Content Production this quarter
    will be a good result IMO. The good thing is , MCR grades average around 3% which is about
    2.5 Times the grade of Panoramic. MCR has several fronts to mine with Cassini and Northern operations.
    100kt plus mined ore a quarter easily achievable. Eventually when We will be mining all fronts including Golden Mile,
    it will be 150Kt/Quarter at 3% grade easily achieve 16KT/Annum. MCR directly deliver high grade ore to BHP
    eliminating Overheads such as shipping concentrates overseas(Costly).
    This quarter report will be a catalyst, I hope its good. Cheers CCD

    MCR Price at posting: $1.63 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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