GREY:MERMF - Post by User
Post by
goldwillrockon Jul 11, 2012 4:35pm
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Post# 20104207
MCLUCAS
MCLUCAS Looks like a serious j/v agreement to me. The two partners already paid $300,000 of the $4,000,000. A very good deal for Meritus going into production without worrying about share dilution. The combination of high grade and low labour cost will be a great advantage for future earning report. I hope they can keep production cost under $700/oz.