A couple of tidbits from his presentation to Noosa Mining Conference:
1. When discussing KI and its 3yr remaining mine life he said, "....if we can add to that - then that will be a great success". Confirms my thoughts that they are looking at mine plans that can further extend mine life.
2. Stated that any investments they make in other projects will be cash deals (noting that current share price only tracks cash + investment value, so no "currency" in MGX script).
3. From his comments, the unspecified $19m of investments are all in copper, lead, zinc juniors.
A couple of tidbits from his presentation to Noosa Mining...
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26.0¢ |
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Mkt cap ! $306.6M | |||
| Open | High | Low | Value | Volume |
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