MGU 0.00% 1.3¢ magnum mining and exploration limited

Yep, great news, Lat.Set against the already favourable...

  1. 4,056 Posts.
    lightbulb Created with Sketch. 953
    Yep, great news, Lat.

    Set against the already favourable extraction economics of the project (I believe Gemfields, for example, are working with a strip ratio around 85:1 at Kagem, where ours is more like 3:1 or better), the application of modern techology to the sorting process, which offers massive benefits in terms of labour-savng accuracy and security, should make the economics of this outstanding.

    Well done to all.

 
watchlist Created with Sketch. Add MGU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.