MKO 0.00% 7.0¢ metaliko resources limited

Gold Micro ready to explode, page-26

  1. 6,287 Posts.
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    Well when I talked with Michael round a week ago he did state they had just run the BZW plant and it was in very good condition and a credit to the team placed it into storage ...all bearings well lubricated etc but of course on ramp up there will be for sure money needing spent ....but then that why you have good amount of spare parts.......

    -Yeah 2.3mtpa plant is a monster that's for sure ...when you compare to many ASX miners with 150-500koz plants with S/H's bullish on their Gold production profile!! ...you would think a low AISC can come if we can average a 1.7-1.8g/t throughput at 2mtpa+ etc...

    Resources-- well drilling is continuing at full pace to secure the 4-6mt MKO wants before kicking BZW in the guts (I understood between EAR/MKO over 10,ooom near surface underway or soon to be....)
    I think we all seen EAR/MKO will be either merged or farm-in/JV deal ...surely with both we should see 4-6mt JORC - 1.7g/t+ ore after this latest round of drilling ..MKO already has 2.8Mt @ 1.22 g/t Au for 112,000 oz @ Corboys
    Last edited by Sharetrader78: 17/03/16
 
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