MUN 0.00% 4.8¢ mundo minerals limited

projects...waste of time

  1. 5,661 Posts.
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    The Company has been pressing hard in recent announcements to the market the issue that project developments are to be fast forwarded with funds from the capital raising. But what's the use of getting other sites on line if they can't get the basic production costs down from the current $883 /oz level. If they can't get the production costs down to say the $450 /oz level then they will still be in the same fix they are currently in now and will run out of cash again within the next few months. Or are they already planning their next capital raising after this one.
 
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Currently unlisted public company.

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