MRP 0.00% 6.1¢ macphersons resources limited

Hi Eddie7k, I too am waiting for the next drilling update to try...

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    Hi Eddie7k, I too am waiting for the next drilling update to try and gauge how we'll do with the August / September resource revision.

    Mt. Charlotte we are not - not yet at least. We need to get over the hurdle of getting the company generating the initial cashflow from the first mine from the shallow orebody of Boorara. With that then we'll have the means to explore further the depths of Boorara.


    500Koz @ 0.9 g/t is really not economical (in my humble opinion) to get a mine up and running. We really need to get that grade up in August / September in order to prove that it's feasible and therefore start acquiring financing to develop the first mine.
 
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