MUN
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0.00% 4.8¢ mundo minerals limited

re: Ann: Quarterly Activities and Cash flow R... The other thing...

  1. Quicksilvasurfa
    1,309 Posts.
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    28/10/09
    15:07
    Post #: 5842605
    re: Ann: Quarterly Activities and Cash flow R... The other thing that annoyed me a little about the report was the part about the ore body modelling being spot on. It clearly is not. If you look at the grade predicted for one ore body you can see they forecast 4.19gpt nut the actual has been 3.32gpt. That is a 21% difference to the down side and would directly effect production in the same way. That 21% in grade is the difference between making 2150 ounces per month or making 2600 ounces per month. I personally would not call that excellent reconciliation.
    MUN Price at posting: 34.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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