if the trial mining is a success then MCO share price will rise , investors will be attracted to the story and the compnay will no doubt do a placement on good terms say another few million
and then lo and behold they have $5 million in the bank
they go and buy some Gekko gear for a few million to mill themselves say 50 tonne a day at cost sub $200 a tonne
and whaddaya know they are making $500,000 a month profit based on 15gpt or a million bucks a month if they get the historic undiluted grade at AUS $1200
and so it goes....
may the bears RIP
MCO Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held