KZL 0.00% 12.0¢ kagara ltd

confused

  1. RRM
    590 Posts.
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    I am reading the Mungana Gold IPO Prospectus and am slightly confused, maybe GSelf can clarify this. Targeted production is 150Koz of Gold and 60KT of Copper Concerntrate p.a. If this was the case, then Mungana Goldmines would be generating 2.7 times more revenue from copper than from gold at current commodity prices. Have I got my sums wrong or should the IPO have been called Mungana Coppermines?
 
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