NIU 0.00% 2.0¢ niuminco group limited

Seeing as they state 150oz per month it must be at the 3.23 gpt...

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    Seeing as they state 150oz per month it must be at the 3.23 gpt which has been their figures in the past. So 18 days of processing with a possible 24 for June ( being conservative ) gives us 8, 148 grams x $au 55 = $448, 148 by EOFY which would give them a production rate of x 2.5 that of 2016 where we booked $1.1m in sales gold and Silver.

    That’s not allowing for the higher grade pay ... then a MC of $4.8m is stupidly cheap ...

    what MC will people give a gold miner if they produce $2.5m in Gold annually ?
 
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