Ore reserves are as expected, 2-3 year life left.
Total Mineral Resources took a hit and reduced from 41.5 Mt in 2023 to now 19.1 Mt in 2024, because it was deemed uneconomical to mine.
Overall it's not a good news to hear, but 2-3 years of high-grade ore mine was as expected.
I'll hope for some better news that MGX can do with the cash that they have.
(Please correct me if I'm wrong somewhere)
Ann: Resources and Ore Reserves Statement as at 30 June 2024, page-4
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