MCAP: $10.5m and Cash on hand (as at 3 april 2014) ~$2.67 million
About to receive first revenue for high grade copper ore that has been mined.
From the link; Mining group’s key focus is on the El Roble Copper Project Proven high grade Copper at surface n IOCG style copper/gold veins with up to 30% copper n historic mining (1800’s) n 9% copper cut off grade to 500m depth Multiple Mineralised veins n Multiple continuously mineralised veins 0.5m to 15m in width n Mineralisation traceable over 6 kilometre strike length n Over 30 veins mapped, cumulating over 30km of prospective strike exposed
Link provided by Mackyinoz on the MNE thread; http://www.mininggroup.net.au/images/announcements/MNE_A4_Fact_Sheet_CRU_World_Copper_Conference.pdf
