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2.7¢ goldoz limited

Ann: Investor Presentation - February 2017, page-181

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potgut

18,607 Posts.

1009

03/02/17

11:39

Post #: 22346705
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Originally posted by Juno ↑

Ok, I will help you out then - 2.5M cash on hand, mining costs at Mozambique around $4M a year, revenue from rubies commencing late Q1 or early Q2, revenue dependant on quality and deposit grade but likely to be in the order of $2-4M a month if they do anything like their adjacent neighbours, Gemfields, the only other listed ruby producer in the world.

Also, the Mustang geo used to work for Gemfields and developed their deposit.

No CR likely in the foreseeable future.

Then there is the graphite.

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I think Merango is talking about the new GraphiteRubies MUS has found at Balama ,,the only ruby bearing graphite deposit in the world !!
They drilled one hole and it graded 22% TGC ,,Meg Berry has it on the table right now giving it the cut and polish....;

MUS Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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