NIU 0.00% 2.0¢ niuminco group limited

mikejh   re 10 g/ton .If you go back to the quarterly cash flow,...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 707 Posts.
    mikejh   re 10 g/ton .If you go back to the quarterly cash flow, the gold sales were $100,000 and running costs were roughly $500,000. This mine needs to be safely covering costs in an unpredictable tropical climate by upping g/ton over 5 times. 10g/ton is needed. A lot of gold mines wouldn't mine at 1.7 g/ton. . 
 
watchlist Created with Sketch. Add NIU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.