Post by
Freddy1989Germa on Jun 10, 2024 7:44pm
Cash position looks good
I think MMY's current cash position is very sensible and I think we will also have completed the repairs to the system by October
and pay the 1 million from the cash flow that maybe the cash position will be maintained what do you think?
Cash was $7.489m as of March 31 2024 (end of Q3).
Flotation Plant and Related Facilities
As part of the ongoing plant optimisation, a new rougher tailings hopper was installed, along which the rougher tailings pumps being
upgraded with new motors and power supply. A bigger rougher concentrate launder was also installed to replace the original undersized
unit and solve excessive spillage issues. Further upgrades to the filter press have been planned, and are expected to be completed in
October of 2024, with a budget of roughly $1 million.