I wonder if all you with rose-coloured glasses have actually used a calculator to work out what the update means.
In short, less than 0.5carats per tonne, given benefit of doubt of $30/carat = $15/tonne in revenue. What will be interesting is to ask MUS the cost to process this tonne of “paydirt”. Wouldn’t be surprised that they are losing money for every tonne being processed. May as well admit it, save the cash for exploration of the other “assets” in the ground.
Many have called the SP going to sub 2c...and here we are today...I’ll keep quiet now and come back in a few months just to read the comments.
