EXU 0.00% 17.0¢ explaurum limited

No way, I repeated someone else's guess of up to 100,000oz's and...

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  1. 17,077 Posts.
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    No way, I repeated someone else's guess of up to 100,000oz's and postulated IF that was the case it would fund the plant. I still believe that there will be 100,000oz's found there in due course,, however, I believe my initial guess was around 20-30,000 oz's as realistic. Can't locate the post but others may take the time?
    I'm told mining Mace should be around $300/oz, so it will be extremely profitable. At a GP of AU$1700/oz, you work it out!

    20,000= $28m easy to mine next year.
    50,000= $70m " " " "
    100,000= $140m " " " "

    Brilliant !
 
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