MNB
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2.90% 7.1¢ minbos resources limited

Strip ratio on ROM a little high but happy $3.25/t transport...

  1. NoPunditHere
    289 Posts.
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    05/11/12
    10:54
    Post #: 10957311
    Strip ratio on ROM a little high but happy $3.25/t transport costs offset higher mining cost.

    Disappointed output not higher as the project has the scope to support 1.5mtpa.

    NPV 626 on capex of only 122m and 1.6 payback and 58irr is exceptional.

    NPV attributable to mnb now over half a billion from two projects. Market cap 30m
    MNB Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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