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Ann: Murchison South Increases to 67koz Gold Across Two Pits, page-7

  1. 103 Posts.
    lightbulb Created with Sketch. 9
    67000*$5000 =$335,000,000.00
    less cost of agreement to open pit 50%split
    At worst that $167,000 they can bank from an agreement that could be done soon
    possible for that to increase above 100,000 ounces in shallow pit . Then drill to depth to see the greater potential along strike .
    hard to see why this company has a MC of $7m. Can do with an announcement relating to a production outcome fast !
 
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