re: Ann: Trucking of Ore Commences at Baal Ga...
I dont know if I would include silver (do they have a circuit for silver in the mill) Anyway guessing work on around 1% Cu which would be around 100 ton Cu to MOO as a royalty per annum from the 550KTPA Mt Garnett Cu plant 100 * $7000 = $700,000 per annum to MOO That would pay for around half their annual expenses as they burn around $300K a quarter.
MOO Price at posting:
1.9¢ Sentiment: None Disclosure: Held
