MOZ mosaic brands limited

MOZ have not completed their flotation (concentrate) work. As...

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    MOZ have not completed their flotation (concentrate) work. As today's announcement said: "the proportion of larger flake sizes will reduce with further processing required to make a graphite concentrate".  However, lets look at what we have so far. From nine drill core samples, MOZ have produced an average of:

    Super jumbo: 48.8%
    Jumbo: 30.2%
    Large: 11.0%
    Total: 89.9%

    MNS have been powering along with their flotation work, achieving better & better results. Their most recent presentation states 87.7% large or greater, with 65.6% jumbo & super jumbo (up from 73% large or greater in their PFS).

    The old MNS PFS of 29/12/14 has in terms of sales revenue:

    Super jumbo: 9.0%
    Jumbo: 32%
    Large: 32%
    Total: 73%

    Even though MNS will probably increase their flake size when their BFS is announced soon, MOZ appear to have an excellent head start with 48.8% super jumbo in the ore versus the old MNS 9.0% super jumbo in their old flotation work.

    @kingofhell or others welcome to correct any erroneous assumptions i made

    Last edited by ddzx: 08/03/16
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.