MKR 5.71% 3.3¢ manuka resources ltd.

Ann: Trading Halt, page-12

  1. 3,170 Posts.
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    When the flotation circuit arrives (it's still some way off) and is installed it will improve the recoveries on particular ore types (like those from Mt Boppy - currently they are getting 75%) but in order to be able to process gold and silver simultaneously (eg; gold from Mt Boppy & silver from Wonawinta) they need to build a comminution circuit (including a Ball Mill). So maybe they have decided to go down that path and want some money to fund that plant expansion?
    Last edited by timbin4: 22/02/22
 
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