MUN 0.00% 4.8¢ mundo minerals limited

Production costs should be lower than $780, Brazil is a low wage...

  1. 127 Posts.
    lightbulb Created with Sketch. 5
    Production costs should be lower than $780, Brazil is a low wage and operating cost country, the infastructure that Mundo is using to process was also acquired second hand,so the capital outlay was not that big to begin with,
    IMO it is really down to how many tons of ore are we processing to get an OZ of gold, is it viable?? Recent returns and production figures say not. Move on to the next mine and sell this one to the next sucker.
 
watchlist Created with Sketch. Add MUN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.