Three years later and its time, I would of thought, to tell the market whether those resources in the main pit are economic to mine and that they intend to do so - I would of thought there would be a lot of time-consuming development work required before mining takes place - or fess up and tell us those resources are not economic to mine at the current IO price.
Goodheart tells us they've applied for a mining permit for the main two satellite deposits some seven months ago, so time to tell shareholders these will definitely be mined or are they waiting for the last minute to see where the IO price goes to determine whether its viable.
MGX Price at posting:
45.5¢ Sentiment: None Disclosure: Held
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