Fantastic results of 2-4 metres of DSO at 22 metre depths, all closely spaced together.
MAK is looking to outsource as much of the mining infrastructure to reduce the capex. Looking very promising.
Looks like they have budgeted about 10mil spend prior to building up the mine. Its a definite goer on the current cash of 13mill. Cap raise/forward sales should be due in March, even if it is a small 10-15 mill cap raise to keep the operations on the move.
This is great news.
great announcement
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