NIU 0.00% 2.0¢ niuminco group limited

NIU - Fundamentals, page-15

  1. 13,113 Posts.
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    I think from memory they had to lower the bench at Surmans by 15m to get to the 8g/t ore....

    Whether they were processing this waste ore to demonstrate the plant was capable of doing the promised bulk tonnage or for some demonstrable cash-flow I am not sure, because I would have thought processing costs would outweigh

    However its certain the share price will look a heck of a lot different if we are doing that kind of tonnage at 8g/t
    Last edited by specgoldbug: 26/10/18
 
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