MYG 0.00% 72.0¢ mayfield group holdings limited

great wall of china, page-17

  1. 4,506 Posts.
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    Appreciate the openness mja. Re the Sandstorm deal, I think it is great for shareholders due to the lack of dilution, but not so good for the banks so there lies the conundrum as its not as enticing for banks having 100% 'debt' ranking equally when it would be typically say 30% equity & 70% debt with equity obviously unsecured.

    POG will obviously dictate all gold financing & that's where MYG have an advantage over most juniors as they are relatively low cost. So imo if you are negative on myg getting finance, you have to be negative on virtually all gold projects which may well be the case. In regards metalurgy I get your point. Overall imo of course it will just be a matter of time I'm thinking 3-4 months but that's obviously a bit of a guesstimate.
 
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