number of things at MOY could reduce the sp. 1.Another cap raising "performance" shares for directors and managment 2.Increase the salaries of managment and dont expect them to spend much time at the mine site instead have them in offices in Perth 2.Defer mining golden eagle or what ever it is called and Mine their lowest grade deposits now rather than later. 3 Defer maintenance. Obvously the company would never do the above as it is run by a team of astute intellectuals who have the shareholders interests close to their hearts unlike so many other mining companies.
MOY Price at posting:
14.0¢ Sentiment: None Disclosure: Held