April Update just out shows Macmin well advanced with process plant.
Mine constr = 40% complete Crusher and screens on site leach pads underway EMEW plant due on site in July, 75% paid.
Measured, indicated reserves = 55 Moz of Ag (There is more in those hills)
Unit prod costs estimated at A$5.80/ oz (average spot Ag price = $10)
A growing number of analysits believe Silver will rocket in the next year or so. Supply less than demand. Reserves have been depleted, short positions to be filled.
R,
Do your own research.
MMN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
