re: Ann: MKO: Anthill Mining and Treatment JV... WatsoI think...

re: Ann: MKO: Anthill Mining and Treatment JV... Watso

I think the eccommics of size is a big part of the excitment.
If KMC borrow $30m to build the mill and the MKO through put is 50% of capacity, then MKO ore will be paying half the interest on the mill as a cost.
These items will add up to make the mill very cost effective. KMC will then be about to make good profit on their own higher grade ore.

Its a good thing to have half your costs paid for by another firm and make a little profit on top as well.