Yes, there are several other deposits in KI. Several shiploads have already been sold from the Acacia deposit just to the north of the main pit. At the Noosa Mining Conference on 18.7.24 CEO Peter Kerr stated he will mine these other deposits. He also stated he will take main pit down to "the next 150 metres to 200 metres". Peter Kerr said he will add value to Koolan Island that will be reflected in the share price.
MGX Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
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