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2.6¢ mineral commodities ltd

Ann: Quarterly Activities Report, page-121

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spid81

16,606 Posts.

7020

22/08/22

17:35

Post #: 63254511
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Originally posted by spid81: ↑

@Peppie @FjordInvest @1MarcusAurelius

Can you guys check over my calculations and tell me if I am correct with my assessment of the benefits of restarting the processing of the inland strands mineralisation and the likely 3 month revenues the company will see from processing the Inland strands and the Northern beaches?

Here is the Low Price Calculation

High Price

Please let me know if you think MRC is likely to continue to mine Tormin beach and the Northern Beaches, I can quickly update my calculation to have 50% inland strands 25% northern beaches and 25% from Tormin Beach.

If my calculations are correct. MRC is likely to produce the same volumes of concentrate after the first 3-4 months of production than it did for the first 6 months of 2022.

Expand

@FjordInvest Have you had a chance to go over those numbers?

I am keen to hear what you think. Or are you only able to discuss the previous and current directors
?

MRC Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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