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Ann: Quarterly Activities and Cash Flows Report-SAU.AX, page-8

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  1. 4,389 Posts.
    lightbulb Created with Sketch. 478
    From Mlx quarterly report:

    "The Cannon Mine continued to progress with excellent reconciliations and cost outcomes. MLX continues to be financier of the project and has profit share of 50% of the surplus after all cost are repaid. The latest estimates are that there remains 39,430 ounces to be mined at an indicated all in cost ofA$700 per ounce which will be completed early in 2017."

    Pretty bloody good if you ask me.

    However no drill results from George's Reward that I could find.....although the underground was discussed.
    Move that dirt...
 
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