mxr have a substantial holding in ero, so it could be an idea to see what ero is doing, and it could even be worthwhile looking on the ero thread.. a post from plough reads as follows
"SO why are they not processing through the wet the alluvial ore, like many of the private operators do but instead are waiting another 4 months before it dries out to start processing the alluvium ?"
In the initial report (more than 6 months ago), when ero announced the acquisition of the operations, ero claimed that the operation would provide immediate cash flow . however ero would shut down the plant for 4 or 5 weeks, to carry out modifications. watso wonders if ero have produced anything at all in the 6 months. This of course affects mxr's investment in ero
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