MUN 0.00% 4.8¢ mundo minerals limited

re: News: Mundo Minerals presents at the 2010... A generally...

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    re: News: Mundo Minerals presents at the 2010... A generally positive presentation to which the market seems to be reacting positively, judging by today's price action. My one disappointment is the slippage in the completion to the haulage road to Crista from November to December, which is now when they expect Crista production to commence.

    Looks like goarmy is right that some efficiencies have been introduced to reduce costs. May be some of this will be reflected in the September 2010 quarterly report.

    I am sweating on the opening of Crista and it proving to be the saviour of MUN. We will know early next year. The market is forward looking and recent price movements suggest a much better future for MUN.

    loki (on the MUN watch, which is a bit like being on the Marne watch in WWI with our wallets being the main casualties here)
 
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Currently unlisted public company.

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