MII meridian minerals limited

cost

  1. 6,348 Posts.
    lightbulb Created with Sketch. 502
    I am new to this stock.
    Reserve and the grade are yes excellent, but whether the production cost is high?

    i noticed that most of the ZINC-LEAD reserve is underground 300-500m.

    So at grade 10%, ore/t valued at $255 at current price.
    But how much need to pay to dig out 1 tonne ore from 400m underground? I think may be cost $50/t. then how much need to pay for the processing?

    Any ideas?

    Thanks.
 
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.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.