re: chart of the 7c
Also : the BFS has assumed recent high spot Cu prices. I also note a cathode premium has been assumed based on current high cathode premiums which will change significantly when production occurs ( ie downward), and metallurgical recoveries are at the high end of the range tested and thus more down side likely on recovery rates. Quite a disaster and i suspect that the originaly BFS was not studied closely enough perhaps or that there was a hope to have substantially higher output ? I dont know!! In any case i only see downside after a likely dead cat bounce as IGO and others who want to exit try and support the stock in the short term. Others views???
MRX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
