MNE
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5.26% 3.6¢ metallum limited

MNE - Mill Allotment Update, page-46

  1. wabbit
    4,299 Posts.
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    10/07/14
    09:15
    Post #: 13637317
    That is wrong.
    we are mining ore for $34 per ton with a % of copper @7.5% the mill only pays $399 per ton of copper for milling
    not per ton of ore you do not pay $399 for waste. the maths are not wrong just 10 months production not a month.
    MNE Price at posting: 2.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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