MCR mincor resources nl

Last statement says Mincor is currently producing 15000 tons per...

  1. 225 Posts.
    Last statement says Mincor is currently producing 15000 tons per annum.Record pdn to add to record prices?
    That means 3750 tons per quarter
    ( Should give operating surplus of 48 mill for the quarter @average price of 14.5/lb on unhedged material)
    Means they can afford a record dividend AND a new mine portfolio PLUS Carnilya PLUS a strong liklihood of the new orebody below mariners
    The most shattering thing of all is the price has stayed below @2.50 per share,.
    Hope it stays there to give us time to find funds to increase our holdings
 
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