NIU 0.00% 2.0¢ niuminco group limited

They have previously stated that mining costs were around...

  1. 3,968 Posts.
    lightbulb Created with Sketch. 373
    They have previously stated that mining costs were around $1.3-1.4m per year. I doubt this price would fluctuate too much, considering that all drilling is done with their own rigs and crew.

    If we consider that 83oz per month is break even, then anything above this is...gravy.

    Mincor calculated 35000 oz. There is so much upside here, just needs to be demonstrated. I was hoping for big things by the last quarterly but the market never seems to respect my personal timeframes. Next quarterly, perhaps?
 
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.