MKO 0.00% 7.0¢ metaliko resources limited

Ann: MKO Mar 2016 Quarterly Activities & Cashflow Report-MKO.AX, page-10

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    AUD GOLD now $1747oz ....... surely some of these satellite gold deposits nearby BZW must be warming up to the idea of getting their gold to market ..HUGE profit margins for all involved ....none of the major producers nearby would even bother with 50-100koz reserve deposits etc but for MKO getting a few of these together even if AISC is high $1400oz ....you get plant running near capacity say 2mtpa 2g/t 90% recovery ....your looking a touch over 100koz p.a .... 50/50 split with J.V partner at current AUD gold price =17.3mill EBIT to MKO
    Last edited by Sharetrader78: 07/05/16
 
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