hello stolwyk Have been watching MIC for some time now and just read your excellant post -thanks lots of good details ,
bit of a change for hotcopper ,
Need a bit of help ,have you done a back of the envelope valuation when MIC is producing gold allowing for dilution of shares on issue @417,250,536,
just trying to work out the premium in the price at the moment thanks
Net Operating cashflow: -$0.42 mill.
Cash: $7.8 mill.
MIC
michelago limited
