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11,416 Posts.
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02/04/14
22:20
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I made a mistake with the market caps, I did not inlcude the RMX options
Mantle Mining - fully diluted MC minus cash is around $7m,
Red Mountain Mining – fully diluted around $15m
So Mantle is currently HALF the price.
Also to the comments on cost/Oz, I will repeat in case it was missed.
- Cost/Oz $769-1,050 (Norton was previously mined at $800/oz)
Scoping study for Norton project should be out in the next couple of months, which will clarify this.
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