Just going back a few posts here.... From the quarterly :
1,500 tonnes mined from 10-31 December, 720 tonnes trucked and processed at an average grade of 4.72% Cu
By my calendar that is 3 weeks, so therefore 500t a week. A quarter has 13 weeks.
Yes, half that had been processed in December, so there remains the question of capacity and whether all will be processed immediately in the coming quarter.
But costs being equal, there comes a big huge million dollar shock in the form of 6000T x $170 in the next quarterly. Not to mention the second permit.
I very much like the idea of having shares in a company about to have a PE of 1.0. Even more that I hold lots and lots of them....
MNE Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
