MCO 0.00% 11.0¢ morning star gold n.l.

Agree DCF calculation cannot be used solely but is a useful...

  1. 272 Posts.
    Agree DCF calculation cannot be used solely but is a useful tool. I would not compare Fosterville for eg to Woods Point or Walhalla. The other thing on Morning Star is that they have published testing on recoveries which are extremely high from a gravity treatment solely, over 90%. Forget cyanide etc. Not needed here. So relatively cheap processing. The trick is them getting to their ore and handling it cheaply on the way to the mill and ensuring enough of it is available 3 and 4 and 5 years forward. If they master this, we are on a big winner here.
 
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