1MC 9.09% 4.0¢ morella corporation limited

New Twitter post from our company, page-9

  1. 17,843 Posts.
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    Hi Guido, it's excellent that they have indicated positive cash flow so early. Given I doubt they have a selling price much higher than our peers (and its possibly lower based on discussions from Investor meetings) I can only assume it means our cost structure is a lot lower from early on in the project life. Perhaps it's the low strip ratios and little pre strip required. It's amazing what affect these two can have on the cost structure of your project, so sounds like AJM must have these under control, be good to compare them to the Feasibility study when they release the actuals, hopefully in the next quarterly report.


    Thanks
 
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