MCR 0.52% 96.5¢ mincor resources nl

I understood C & M was the way they were going and I am...

  1. 1,281 Posts.
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    I understood C & M was the way they were going and I am surprised that you say they are letting Miitel flood??
    Hard to really understand what they have in mind but this from MCR’s media release 10 Feb might help ...

    "Two important Definitive Feasibility Studies, for Durkin North and Miitel/Burnett, will be completed before the end of the current quarter, providing the foundation for a comprehensive longer term growth strategy to be articulated more fully to the market in the coming weeks".

    “Mincor is gearing up for future growth. Two important feasibility studies will be completed during the current quarter and these will, in effect, become start-up studies, providing the trigger price at which Mincor can re-commence production. In the meantime, we are developing an active program of value creation, utilising our outstanding asset base, and we will present our strategy for growth before the end of the quarter.”

    I guess we will find out soon what the ni trigger price for MCR will be.

    Cheers
    Mulac1
 
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