MNE 5.26% 3.6¢ metallum limited

10.86% cu , page-10

  1. 12,642 Posts.
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    This is a very disappointing stock imo.
    Why are they chasing these small veins all
    over the place instead of doing exploration
    for the source of these grades.
    Apart from having to pay for the tenements
    the vendors have the right to exploit the tenements
    up to 400,000 tonnes over 6 years at their own cost.
    The vendors should be happy with these grades.
    Drill down and find the millions of tonnes if it is there.

 
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