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0.00% 1.5¢ magnum mining and exploration limited

G;day, Chris.You can download an earlier PFS on Buena Vista...

  1. Nowhere Man
    4,046 Posts.
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    26/02/21
    22:30
    Post #: 51378716
    G;day, Chris.

    You can download an earlier PFS on Buena Vista here:

    http://www.nv-iron.com/images/pdf/NVI_Technical%20Report%20NI-43101_FINAL_131108.pdf

    The numbers cited in the study are from 2013, and of course costs of production and ore prices have varied over time.

    For example, the concentrate selling price assumed in the study was US$104.29/dmt FOB West Sacramento, whereas prices achievable today are of course considerably higher.

    Nevertheless, not a bad rough guide:

    https://hotcopper.com.au/data/attachments/2952/2952175-276c4e318c23c06528aed07dbda5a358.jpg


    I believe the Company's current thinking is those numbers may be quite conservative.



    MGU Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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