MYL
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0.00% 7.0¢ myanmar metals limited

Ann: Market Update Progress on Bawdwin Pb Zn Ag Cu Project, page-47

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  1. ddzx
    28,706 Posts.
    lightbulb Created with Sketch. 237
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    19/01/18
    16:28
    Post #: 30423016
    as an example, to reduce grade from say 50Mt @ 9% to 100M @ 6% may not sound so bad but keep in mind to do that, the 50Mt added is 3% grade

    there is a big different between 9% grade & 3% grade

    similarly, the extra 30M tonnes added by MYL is low grade & is best ignored
    Last edited by ddzx: 19/01/18
    MYL Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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