MNE 5.26% 3.6¢ metallum limited

Agreed, I have alluded to this in previous posts, we are showing...

  1. 7,917 Posts.
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    Agreed, I have alluded to this in previous posts, we are showing all the signs of sitting on top of a porphory system. Those multiple veins have to come from somewhere and why not from a long dead caldera.

    Our staged approach of starting revenue flowing from multiple sites at 5000 tonnes a month per site and then using this revenue to go looking for the heart of the mineralized structure is a very mature and clever approach.

    It also generates a huge amount of SP supporting newsflow as new mine sites get the go-ahead, bulk figures come back from toll treatment, cashflow is reported, new assays are delivered from the new sites, increased cash flow from new sites and then the start of self funded exploration while cashflow comes in each month.

    Our potential porphory also benefits from not being on top of a mountain in Peru, but on the plains of Chile with toll treatment only 70Kms down the road.

    Mkt cap $6.5mn ... bargain of the year so far imo.

    EB
 
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