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23/02/18
14:15
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Originally posted by Drugo
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Looked at MOY.
AISC approx. $200 more expensive for MOY
MOY have $20 mill in cash/bullion. No debt.
MOY underground going ahead. BLK still in feasibility study.
Similar proven resources.
MKT cap MOY $190 mill. (now)
MOY plant looks OK for both processes of ore. BLK has one.
Bottom line BLK does look a lot cheaper. However MOY have a better track record and no debt and better plant. BLK can produce cheaper.
At BLK mkt cap there could be room for a higher price.
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"Similar proven resources. "
Want to tell us where you got this from?
From what I posted in my comparison:
- BLK has 5 times more Gold Resources
- BLK has 6.5 times more Gold Reserves
Also, I forgot to post my table comparison image in my previous posts.
Attached per below.
Cheers,
GB.
ps. don't forget the Nickel/Cobalt too.