MEK 5.88% 3.2¢ meeka metals limited

Ann: 31 December 2023 Interim Financial Report, page-7

  1. 33,470 Posts.
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    Yes you are probably right guess the rock is only basalt that can get away with a 47 degree pit angle in fresh rock , pits only go down around 180 meters in depth so like you say "shellow" , just a little deeper than a dunny drop .

    You can look at the July 23 feasibility study to get an idea of the metrics ,guessing table 32 may give one an idea of strip ratio

    I have taken all the costs as valid , just find their cost per BCM surprisingly low , probably a reason why their ming cost is so low , and their strip ratio looks high but I have no professional experience to make a judgement .
 
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