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

rob if its cash flow positive it will be because of grade...

  1. plough
    33,918 Posts.
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    01/10/08
    12:57
    Post #: 4332220
    rob if its cash flow positive it will be because of grade factoring, 1000 tons a month at a 4 gram a ton margin ($120)on 12 gram a ton Au as quoted by NG is only around $120K which wont cover cash burn at around 400K a month

    MCO Price at posting: 15.2¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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