fin review article yesterday

Interesting article on MCR in yesterday's Financial review.

All about how MCR (and others)has benefited from the old WMC mines.

Argo Securiies rates MCR highly but says it falls down against Sally Mallay on costs primarily b/c they draw their ore from multiple sites and hence the added transport costs.

However, Hartley Securiies argue that this is a strength as if one mine has a poor performance, it is not going to effect their overall quarterly performance.

Also said that given the exploration success of MCR and fellow kambalda miners, it questions whether the mines' reputations as aged limited life propositions is deserved. Moreover, it states that all miners have been succesful in finding more mines and exploration has shown a very good success rate.

Overall, a very good article on MCR.