Will be going down the burrow some more, on Mt Magnet, if that's possible. However, I think then given what you say is true.
There then is your reason why MON are keeping Mt Magnet on care and maintenance. Either find more GOLD (which they have indicated is their intent by spending $10mil/yr on exploration, wait til tech catches up so as to be able to mine difficult areas, economic circumstances change ie POG goes to eg $1500US oz, mining costs decrease to make it more economically viable to mine.
That and the fact that MON need to concentrate on Davyhurst etc 1st.
Agree that for the local communities the Mt Magnet mine is opened sooner.
MON Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
