MAU 0.00% $1.34 magnetic resources nl

Hi Oldcar,My figure just accounts for mining and hauling, not...

  1. 598 Posts.
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    Hi Oldcar,

    My figure just accounts for mining and hauling, not processing. Yes, if you add the processing costs it goes to above $1500 easily.

    This is all based on the premise that they will search for a toll treatment agreement with some neighbouring gold miner. So additional cost for treatment will include whatever percentage is agreed.

    In any case, I think the company won’t mine the resource, and I know that goldies are hungry for these kind of deposits.

    So it’s just a matter of time IMO.
 
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