OZL 0.00% $26.44 oz minerals limited

michelmore must close century and avebury

  1. 14,068 Posts.
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    our nickel and zinc projects are costing us big time

    ....about 8 cents a share

    we are making good money from copper at the moment

    about 8 cents a share or about 100,000 tonnes per year from seppon and golden grove

    prom hill is supposed bring in about 110,000 tonnes of copper

    or another 8 cents

    we can make about 16 cents a year from copper

    gold is worth another $50 mil or 2 cents or so

    with just copper and gold eps are around 18 cents

    with century and avebury our earnings are ONLY 10 cents

    Please michelmore close down all our zinc and nickel operations as soon as possible.

    leave the resources in the ground and start taking them out of the ground


    @ $1.16 and 18 cents a share we would be on a PE of 6

    all owners should get Michelmore to close the mines

 
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