MNE 5.26% 3.6¢ metallum limited

Matchbox20You are missing the point bro, they are going to gain...

  1. 18 Posts.
    Matchbox20

    You are missing the point bro, they are going to gain cash-flow from the narrow vein mining, then drill the big stuff with cash-flow.

    A strategy most people who have read into this sign up to.

    with two toll treatment mills within 70km, i think its a great strategy for MNE to adopt.

    Once the first truck heads into the toll treatment plant with high grade ore on it (hopefully this month) then we will see some more serious money move into the stock.

    Until then, results encourage speculation.

    I personally believe putting cash-flow first in the current market environment is a very safe policy adopted by Mr Reeves and his Board. Id like to see the first delivery of ore as it will mean a whole lot for our investments in the company.

    Exciting times for this company.
 
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