MUN 0.00% 4.8¢ mundo minerals limited

I believe that the company should be well on its way to lowering...

  1. 1,309 Posts.
    I believe that the company should be well on its way to lowering production costs to near the $500 mark, but who knows if they are? I have no doubt that they will have low production costs when they up production from Crista but until then its anyones guess? My only plan from here is to buy over the next month while it is cheap and then hope that the company can actually start hitting some targets in to next year. It is a bit of a punt at this stage because clearly what they have been doing over the last year or so is not working that well for them but if somehow they manage to bring Crista into production by July and Torrecillis looks good then I am sure the sp will be far higher than it is today. The only question to ask is do you think it will happen? I say yes only because they should now have the cash to get them over the line.
 
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Currently unlisted public company.

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