MUN mundo minerals limited

From today's Open Briefing:"...We expect consistent production...

  1. 24,765 Posts.
    From today's Open Briefing:

    "...We expect consistent production from the mine at around 21,000 tonnes per month from August 2008. This is above budgeted productivity and has allowed us to reduce the grade slightly without compromising the production profile. We continue to expect our cost structure to deliver in the mid A$300 per ounce range at full production, providing a strong cash margin for the operation moving forward...

    We stated earlier this year that Engenho should produce an annualised EBITDA of approximately A$17 million per annum at a gold price of US$750 per ounce. We remain comfortable with those parameters at this stage of the project’s development....

    corporatefile.com.au
    Can you summarise the more exciting projects for Mundo Minerals as you progress a pipeline of projects?

    CEO John Langford
    Frankly our biggest problem is not where to source new projects, but how to deal with our current opportunities. As of this moment, we expect to develop production from all our projects..."
 
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Currently unlisted public company.

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