The concentrate could be trucked/railed to the Morninstar plant and save the company tolling fees. It was flagged in a n earlier ann that Victoria was a possible destination of the concentrate.
Magix, the company has been working on a few other tenements over the two years, gold and coal. Plus they have two geos on the payroll. They did do a very comprehensive geo report on the scoping study for Norton, and work on the Granite Castle and Charters Towers goldfields.
They have also done some work on the Latrobe Valley coal tenements including getting the tenemnets granted, and that all costs.
How many geo hours would have been spent on doing their due diligence on Morningstar? Latrobe Valley solar/hydro?
This company has a lot of projects. You can of course invest in a company with maybe just one or two projects if you choose.
MNM Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
