RE: RE: RE: RE: RE: Wow..Mnegapur currently produc The technical report takes a while to read through but it contains some fascinating material on this project.
For example, MMY have been drilling it since may 2011.
As for the iron rich solis that afre being sold to ZCM for $8.75 per ton, if one takes the October rate of soil removal, one arrives at about 14 million tons for the current year which will generate about $120 million in income for MMY.
A small copper plant is also producing on the site.
In terms of location, the Mengapur mine is ideally situated to supply the fertilizer and metal demands of India and China.
It is an asset of substantial maginitude.