Slowly moving up. If this had come out last week would have hit 15c by now - such is life.
Just for the hell lets say production costs are $600 an ounce. At 100000 ounces myg should still make a EBITDA of approx $60 mill. With a MC of $30m it clearly says this is grossly undervalued. Dont forget this is just todays announcment. Plenty of more upside in the other zones. This has got big dollars all over it.
mutiny gold doubles target production rate, page-10
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Last
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $63.11M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 69.0¢ | 68.0¢ | $5.463K | 7.919K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 124 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 10000 | 1 |
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| Last trade - 14.45pm 11/10/2024 (20 minute delay) ? |
| MYG (ASX) Chart |