MAU magnetic resources nl

MAU MD George Sakalidis made a presentation in Singapore a week...

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    MAU MD George Sakalidis made a presentation in Singapore a week ago.
    He outlined several pieces of news that will come out over the next couple of weeks and months.
    • Deep drilling results to 1,000m.
    • Resource revision to over 2,000,000 at Lady Julie North 4.
    • Increase in average grade from 2.03g/t to higher.
    • Mining lease and Native Title,
    • Revised feasibility study taking the forecast production up from 100,000 ozs o 150,000 ozs pa.
    • Data room activity.
    • Advanced debt funding discussion if MAU decides to move into production themselves.

    The short presentation is worth a view and listen on the link below.

 
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