No ifs about it. You can check the video of his presentation today at Noosa. Peter Kerr states he plans to take main pit down to 150 metres to 200 metres.
Peter Kerr also stated today that in the 17 years that MGX have had KI they have never stated a LOM of more than 5 years. Peter Kerr also stated today the complex nature of mining at KI (probably the reason why they have never put more than 5 years at a time in ore reserve).
MGX Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
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