MTB 0.00% 0.2¢ mount burgess mining nl

significant extensions confirmed at kihabe zin, page-22

  1. 1,486 Posts.
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    I'm not a holder, and aren't looking to be. My interest in this mob is purely born out of interest in the zinc market.

    Whilst I dont have any friends in the metalurgy department at Pillara, (Leonard Shelf), I do know that at the current zinc prices, it's a very marginal operation.
    Geology department is desperately searching for another Cadjebut style deposit to get their teeth into.

    Given that world credit markets are going to get very tight, (IMHO), trying to find capital to get a mine off the ground that is possibly a marginal thing could be difficult.
 
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