MUM 0.00% 0.0¢ mount magnet south limited

re: Ann: Optimised Feasibility Study at Kirka... true and if...

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  1. 6 Posts.
    re: Ann: Optimised Feasibility Study at Kirka... true and if gold prices should climb they will be making heaps.
    Operating costs are just over $1050/oz so they have some fat in there profit margin. capital expenditure and working cap will be just over 30mil really small outlying costs compared to most start up operations.

    mining approvals due early second quarter people should get in before this to make some real gains.
    R
 
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