MGU 9.09% 1.2¢ magnum mining and exploration limited

Mate it would be good to hear your thoughts if you can run the...

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  1. 3,934 Posts.
    lightbulb Created with Sketch. 1901
    Mate it would be good to hear your thoughts if you can run the numbers on an early DSO operation .
    Back in the day it was canned due to the drop in IO prices and i think rail and other costs were a lot higher , from memory they also werent chasing 68% Fe nor were they looking at mining ore from surface , so id like to think that Opex and Capex can be a bit more desireable to day , and better magins asd 68%Fe can get roughly $30-$40 extra per tonne .
 
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