Australia's largest stock trading and investment forum Australia's #1 stock forum

MCR

Click for more information

0.00%

$1.39 mincor resources nl

Ann: Outstanding new high-grade intercepts at Northern Operations, page-5

First 5 Last

Share
Profile

Follow
Gavinbell

251 Posts.

10

19/01/23

16:14

Post #: 65777560
Share

Originally posted by tomboy: ↑

Good high grade hits & extensions
BHP will be happy as they get 100% of all offtake and do ALL the tolling for MCR as it has no mill of its own.
Yet not as good at 9%-16% at silver swan but still way better than PAN at 1.23% grades or BHPs flag bearer Mt Keith 0.5% grades

yet MCR had a LOM of 2 years for 14 years and kept finding more HG ore for 14 years
Nothing new there.
The more they drill the more they will find, yet they need their own mill long term

market likes the results but they expected this already as no room to disappoint with a MC of $900M with low reserves & low JORC resources & NO MILL compared to peers at way cheaper MCaps.

still way below its highs but trying to retrace back.

Expand

With all your experience of knocking MCR that was a pretty average effort. As the teacher would say, "needs to do better".

MCR Price at posting: $1.69 Sentiment: Hold Disclosure: Held
6 Upvote

3 Great analysis

Reply

There are more pages in this discussion • 9 more messages in this thread...

First 5 Last

Add MCR (ASX) to my watchlist