Amazing . . . last 4 quarters (of above) , cash has not grown arithmetically, but but rather exponentially !
I am more than happy with current arithmetic cash build.
At 1.25 million wmt per quarter, 3 more quarters and cash will exceed any cash ever held in the history of MGX.
And we have 3 to 4 years as per Peter Kerr audio of a few days ago.
Note: under ASX JORC regulations Peter Kerr can only state LOM based on ore reserve (hence he was restricted to saying 3 to 4 years). He is not allowed to make a LOM statement based on resource . . . even though MGX is actively pursuing mining significant resources in main pit and satellites.
Amazing . . . last 4 quarters (of above) , cash has not grown...
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