MML 2.41% 85.0¢ medusa mining limited

Grade is king. RRL ann a terrible update today. They have large...

  1. DSD
    15,757 Posts.
    Grade is king. RRL ann a terrible update today. They have large open pit operations and grades are falling. Some places as low as 1g/ton or less. NST show that small concentrated mines targeting high grade produces huge cash flow. Fortunately the ore MML will mine in 3-6 months time has substantially higher grade than ore mined over past 12 months. makes a huge difference.
 
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