re: the bad bit 33% irr white range project pre-fe
JT,
Operational costs much higher than expected, due to higher strip ratio i believe (not my words).
Interestingly what hte market fails to recognise is that the CAPEX will mostly cover not only this project but the other project which they expect to bring on stream, ie there will not be much duplication of CAPEX.
An overreaction, but an understandable one...even i sold mine in the mid 7s...and will not get back in...regardless of what they come out with. IGO exposure to MRX is enough for me from now on.
Cdchi1
MRX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
