MCR 0.00% $1.39 mincor resources nl

I would remind people of one important clarification about MCR’s...

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    I would remind people of one important clarification about MCR’s historical payability.

    Yes it was around 65% of contained nickel in concentrate. MCR however reported their production as contained nickel in ore.

    Due to recoveries in the concentrator being about 90% the payable nickel in the reported nickel ore produced was about 58%.

    You may need to review one of MCR’s old QRs to see how this was so.

    EL
 
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