MAU 7.12% $1.58 magnetic resources nl

Must take into account the estimated resource is calculated at a...

  1. 6,187 Posts.
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    Must take into account the estimated resource is calculated at a 0.5 gpt cut off. These figures will paint a very rosy picture and fortunately for MAU FOMO has kicked in. At depth most of the deposits wouldn't be economical to mine with the bulk of the resource under 2gpt. The one saving grace is the very high gold price. Unless a suitor comes along I'd take profits. I don't believe George is interested in developing this project but hopes a buyer comes along,
    Last edited by givemethecash: Yesterday, 20:11
 
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