Great to get away from the ramping of late and read some informative posts, I kept thinking I was on the Lynas thread there for a bit lol
SS "I wasn't trying to ruffle feathers but rather point out some things" I and probably many others never thought you were out to ruffle feathers...
The person who commented the below really is only talking of himself imo... "SO WHY DO YOU WASTE YOUR TIME POSTING HERE." (yep) "us idiots" (yep) "FAIR DINKUM its amazing when some decide to pipe up" (and yep) lol
Anyways,
AJ "per OZ EQUIVALENT" I took that as including cu and silver? I could be wrong.
SS, "it won't be anywhere near 75% even if it could sustain it". Did you mean that they will not provide finance for more than 75% or more?
My first thoughts on the BFS were the CAPEX (rest is good imo and very happy with the costs per oz coming through as they expected, I was thinking a blow out could have been on the cards) and the potential funding so I reckon that alot of investors (as some have mentioned here) are going to sit on the sidelines until finance is sorted. It has been stated that a CR is likely previously by managemement and its the big question that at what price (if it happens) it will be at.
Thanks vector and others too for the good informative posts. It's been the best thread to read in months.
MYG Price at posting:
7.4¢ Sentiment: LT Buy Disclosure: Held
