MUM 0.00% 0.0¢ mount magnet south limited

re: Ann: Optimised Feasibility Study at Kirka... they might be a...

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  1. 6 Posts.
    re: Ann: Optimised Feasibility Study at Kirka... they might be a take over target as well,
    as they dont need much cash to start up, should make a profit after the first year even if gold price drops below $1200.
    3.5 years of generating returns. could be up to 100mil in the bank looks better than most companies trying to start off. credit is the killer in starting up a mine and these guys wont have to borrow much.
 
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