Yeah,the Holst report is the one I was referring to.Its dated mid Dec but only appeared on the mincor website a couple of days ago. Only restricting factor I can see is limited mine life,forecast production comes off the boil around 2008. But they do have a $7million exploration programme underway,and some high probability targets. The 2nd quarter activities report due late Jan should confirm if whe are on the track or not re increased production and lowering of cash costs.
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Held