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2.9¢ bounty mining limited

Thanks for sharing. The prospectus was very ambitious. The...

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30/11/18

18:03

Post #: 36710133
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Originally posted by stayer ↑

They didnt want to commit to costs or targets i dont believe. I didn't hear all of it well.
Break even on cash costs at present which im sure is in presso. .thats at $260 oz i believe the graph showed of selling price ...dropped a bit in u.s. terms lately..oz jumping around a bit ...but their cash costs must be bloody high

Machinery..especially unreliability of rental equipment! Thats been a big issue

Honest enough the Chair....they are focused now..and they will have to be cos the easy option of rights ussues is diminished...must be some capacity left under existing limit even after that placement at 30c..believe that was mentioned

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Thanks for sharing. The prospectus was very ambitious. The normal placement ability would have reset now so they'll have 15% up their sleeve.

Clearly big holders don't want management to take the easy st option. Time will tell.

B2Y Price at posting: 19.5¢ Sentiment: None Disclosure: Held
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