X64 0.00% 57.0¢ ten sixty four limited

increase in future production. mine life??, page-3

  1. 232 Posts.
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    Thanks for your prompt reply Chuk,

    So that means that we are looking at 10 - 15 years of ore grading from 5 - 8 0z/tonne?

    If thats so the dividends should start flooding through to the shareholders in about twelve months time.

    The only constraints that I can envisage now are extrenely bad weather over a long duration because of global warming;

    or a change in the Government's attitude to foreign ownership of mines. The new edicts however being introduced by the Phillipines governement into more transparency for international mining law should be a benefit to MML.

    Your thoughts?
 
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