Totally agree . . . as the report states, the cash in bank was used for mine development. Now all the heavy overburden has been removed and we are consistently hitting high grade . . . and with all that over burden removed, future C1 costs should reduce significantly.
The soon to be commissioned processing plant can process sufficient to fill 4 ships per month. The mobile plant, working along side, can process sufficient to fill 3 ships per month. The next quarter is lining up to be very good . . . maybe a record quarter.
MGX Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held
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