MCR 0.00% $1.39 mincor resources nl

Ann: Strong Maiden Cassini Mineral Resource, page-30

  1. 4,719 Posts.
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    EL

    understand what you are saying ......

    ni produced (= 51247T * 3.03% = 1354.3t approx.)

    = 2984877.2 lb's

    they were "paid for"

    1940747 lb's

    approx. 65% ....

    the "good thing" is that (historically), MCR reported their opex numbers based off the payablity number ..........which (imho) gives a better indication of "real economics" ........

    they didn't always break-out the "sustaiing capex" number - being meters developed to access ore ......


    rgds
    V_H
 
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