MNE 5.26% 3.6¢ metallum limited

Ann: Metallum acquires additional El Roble concession, page-21

  1. 40 Posts.
    Yes, bit of a mixed bag which may be why there hasn't been any jump in the SP. Although historically the SP has fallen on news, so if it holds ground today maybe that's a positive sign.

    The tonnage figures mentioned in these announcements are a little disappointing. I will have to go and listen to the last BRR interview again, but I recall that Zeff mentioned around 2000 was the break even mark based on the assumption of ore grades. So if I understand it correctly we're still a way short of this as yet. I need to go back and check this.

    Benniee
 
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