MGU 0.00% 1.4¢ magnum mining and exploration limited

Ann: Positive Scoping Study Validates Buena Vista Iron Project, page-21

  1. 497 Posts.
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    Really? The numbers are literally there for everyone to see. First of all this is just the scoping study, capex can blow out way more from here. Secondly, upper end CAPEX is 378m, with upper end mining cost of $90/t, price assumption selling price is $159/t. So thats profit of $69/t. $360 - 748M NPV range with a +-35% variation? How is anyone meant to get any concrete estimations based on that? All of that, with the current economic climate, means that these numbers are objectively not great.
    Last edited by pedini89: 14/08/23
 
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