Yes, they could look at that down the track but I would think that just from a cash flow perspective which leads to quicker debt repayment which results in a higher IRR, that mining the cu/au from year one would be worth looking in to.
For example, a 1.2MT pb/ag plant and toll milling 350K/T of cu/au. I suppose, MMA could even look at a smaller plant with toll milling and thus reduce capex. After all, TNC's concentrator is sitting roughly 50km away waiting for toll milling to improve the economics for them to utilise their onsite concentrator and stop wasting valuable cashflow on their own toll milling costs.
It also fits in with the Qld's govt and MMA's goals of utilising available nearby infrastructure.
- Forums
- ASX - By Stock
- MMA
- Ann: Very Positive Preliminary Metallurgical Test Work on Maronan
Ann: Very Positive Preliminary Metallurgical Test Work on Maronan, page-11
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MMA (ASX) to my watchlist
|
|||||
Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $42.26M |
Open | High | Low | Value | Volume |
22.0¢ | 22.0¢ | 21.0¢ | $42.58K | 198.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12180 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 85682 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12180 | 0.210 |
4 | 65717 | 0.205 |
5 | 62000 | 0.200 |
5 | 87953 | 0.195 |
3 | 5890 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 85682 | 1 |
0.235 | 11812 | 1 |
0.240 | 125000 | 1 |
0.245 | 4870 | 1 |
0.250 | 35651 | 3 |
Last trade - 14.22pm 02/09/2024 (20 minute delay) ? |
Featured News
MMA (ASX) Chart |