MCO 0.00% 11.0¢ morning star gold n.l.

the case for mco, page-4

  1. 4,542 Posts.
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    Yeah, costs and grade are unknown yet

    I've selected and avg of 18gt being a little more than Nicks 15gt but less than the long term avg of ~28gt. I've got the numbers in a spreadsheet so can easily adjust the grade to see the effect. Who knows, kennys may be another burns, we just don't know at this stage, even if kenny's avg'd 22gt would be huge to the bottom line.

    Costs are Nicks, 6-700 per oz of all in costs - work out the margin from there depending on where you think POG will be.

    The next 6-12 months will be the time for MCO, it will happen or not, I think we all want to see progress. We won't have 250tpd in the next month or two but I would hope that we would see it in the next 6-12 months.
 
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