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14.3%

0.8¢ marvel gold limited

Nice - This new vid from the MD says everything you should need to hear on GPX, page-90

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Popeye82

22,169 Posts.

485

08/10/19

09:41

Post #: 40767518
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Originally posted by 7seven7: ↑

Net margin is all that matters in mining projects as it is the combination of everything (feed grade, processing costs, transport costs, sale price, the lot). High grade is great to reduce opex but at the end of the day if your product isn't as desirable and it sells for less it doesn't matter if your production costs are a bit lower.

We can only make our assessments based on what WKT and GPX have provided to us in various studies and presentations to date. Thus far GPX comes out on top due to better margins. Simple.

Likely also evident when one is conditionally funded (albeit at not ideal terms for SHs) and one isn't.

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This, Net Margin, from a "Direction" it is ABSOLUTELY true in my Opinion, but not "100"%.

This, Your Opinion, is also Why "potential Margin Strength" is probably the ABSOLUTELY No.1 Important Issue/Thing to Me, if selecting/looking for "Resource Developer".

MVL Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $6.910M

Open	High	Low	Value	Volume
0.7¢	0.8¢	0.7¢	$1.355K	185K

Buyers (Bids)

No.	Vol.	Price($)
5	1549700	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	860711	5

View Market Depth

No.	Vol.	Price($)
5	1549700	0.007
3	1389907	0.006
3	2300166	0.005
2	775000	0.004
3	2850000	0.003

Price($)	Vol.	No.
0.008	860711	5
0.009	1452850	3
0.010	1022384	6
0.011	76765	1
0.012	1015500	3

Last trade - 11.29am 11/07/2024 (20 minute delay)

MVL (ASX) Chart