mgo price action, page-15

PNA is now a $2B ASX listed company, whose major copper project Phu Kham is located in Loas, with a proved ore reserve 160MT Cu0.56%, Au0.25g/t, Ag2.1g/t; and the total resource of Phu Kham is 210MT Cu0.53%, Au0.24g/t, Ag2.1g/t, likely [email protected]%CuEq with Cu 0.25% cut-off.

With 0.30%CuEq cut-off, Yandera has a measured Resource of 113 Mt @ 0.57% copper equivalent, indicated Resource of 245 Mt @ 0.50% copper equivalent, and
inferred Resource of 417 Mt @ 0.45% copper equivalent. Inferred Mineral Resource of 776 Mt of by-product metals (gold, silver and rhenium) for 2.2 Moz of gold, 42 Moz of silver and 1.5 Moz of rhenium.

It looks like Yandera is 3 times larger than Phu Kham, and both share nearly the same ore grade.

MGO 70% interest in Yandera is still around 550MT ore.

PhU Kham concentrates must be trucked more than 1000Km to the sea port, and Yandera is only 300Km from harbour.