I say there will be a cap raise.
regardless of this MYG has a long way to go to production.
Following funds
Long Lead items for plant will need to be ordered then everything else that go's with the project accom upgrade / staffing - can be issues here /power commissioning.
Long long way to go October next year hmm better start executing the plan soon.
Unless gold bursts through 2k the POG wont effect SP IMO to long till production.
Finance announcement should see SP rise then fall away like recent, unless there are positive outcomes drill results or schedule target being met there POG rocketing. there is no reason for SP to go up.
this week, page-8
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80.0¢ |
Change
-0.020(2.44%) |
Mkt cap ! $73.17M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 77.0¢ | $7.061K | 9.123K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1298 | 77.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 2292 | 1 |
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