MYL 0.00% 7.0¢ myanmar metals limited

Capital costs for the plant should be predominantly handled via...

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    Capital costs for the plant should be predominantly handled via debt.
    Then they could also stream the silver from the world's 11th largest silver deposit (correct me if not 11th) to cover any short fall.
    I'd even suggest that if any partner wasn't in a position to provide their share of capital Perilya could be keen to lift their holdings at that point. Assuming of course that any capital is actually needed.

    This is one of (if not the best) polymetallic deposit in the world. It will be bigger again by the time decision to mine is announced next year. and will continue to grow over decades. Getting funding will not be an issue in my opinion.

    I also believe that while they will probably stick to 2 million tonne plant for now, it will be a modular plant capable of being expanded at the right time. Operating costs will be down due to lower waste I expect. Capital costs might be higher but it wont take long to pay them back.

    They had a couple of different sites selected which were shown to those on the site visit earlier this quarter. I saw no issues.

    I've been loading up on more shares. I expect April to be a good month.
 
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