Your 3rd paragraph I dare say is true and an extension of what I said. More control, probably slightly cheaper and certainly the control thing besides operators skimming off some of the spoils which constitutes as THEFT of ore. Common over there. This way its 100% OURS if we had our own licence. Totally inhouse and our product is safe and secure.
Apparently the ore goes to the mill, weighed and stored in an allotted area. When the full load is accounted for that shipment, the stockpile sits in turn to be processed and then in the end GRADES are determined and the sale is completed and the co is paid accordingly. Takes 2-3 wks pretty quick really.
Always a BRR segment after a major ann something a lot of companies don't do.
I love the professional side of this company.
MNE Price at posting:
2.4¢ Sentiment: None Disclosure: Held
