X64 ten sixty four limited

mml london presentation, page-4

  1. 80 Posts.
    No problem. There is a lot of speculation about the mining review and naturally investors worry about these things! However, it is very overdone imo. Not sure if people are aware but the govt is trying to clamp down on illegal miners who damage the environment. The worst case scenario would be an increase in royalties from 3% to 5%, which would add c$50/oz to costs. However, this would require new laws which would take 2-5 years.

    Once the Co-O development is complete and Anoling comes on stream next year then MML should be able to produce 200k oz pa comfortably.

    Jim
 
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