MCR 0.52% 96.5¢ mincor resources nl

Ann: Exploration Update, page-89

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  1. 3,607 Posts.
    lightbulb Created with Sketch. 80
    Nope !

    Long - basically the "same" ore body as MCR's durkin nth ..........

    inc in opex (due to depth / length).....I "suspect" IGO will look at changing the mining method......

    they have cut back on development spend (ie mined out all available stopes, and spent minimal on meters development), and came to the same economic decision as MCR did.......

    so - it highlights how "tough" mk conditions are at present ........

    rgds
    V_H
 
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