MGO marengo mining limited

Intial 25 Mtpa feed x 0.35% copper x say 85% copper recovery =...

  1. 143 Posts.
    Intial 25 Mtpa feed x 0.35% copper x say 85% copper recovery = approximately 75,000tpa copper metal. MGO plans to increase throughput to 50Mtpa eventually (150,000 tpa copper). By-product credits for moly and gold. At these grades revenue is not the issue, but rather capital costs and operating costs. I like the story - not sure about tailings disposal though - deep sea tailings disposal probably preferred but lets see what happens with the Ramu court case.

    -------------------------------------------------------

    "grade forgives many sins" Please DYOR
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.