HXG 4.55% 2.3¢ hexagon energy materials limited

Bloody hell cobber, dont sound so depressed off that. (Threadfin...

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    Bloody hell cobber, dont sound so depressed off that. (Threadfin is likely also no good)

    They have enough resources from the 2017 Estimate to have around 7 years of mine life. I expect that to drift out slightly tosay 8. It is quite a large production mine, so 7 years is still quite a bit of volume - 100tpa @$2,000/t over 7 years is $1.4b revenue...

    There are still a LOT of other targets, some big and some large.

    MIN are progressing the Feasibility Study but are also progressing Mine related activities so I am extremely confident that MIN will go ahead with McIntosh, they have the expertise, equipment etc to get it done.

    They also have a $2m stake in HXG.
 
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