MYL 0.00% 70.0¢ mallee resources limited

Ann: MYL Investor Webinar, page-47

  1. 590 Posts.
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    Yes, I agree "5 year rate is at fixed payability of prices obtained'. What I was implying is that any financial benefit from Avebury becoming greener and hence the product being more attractive to buyers, will go to Hartree, not MYL, as we are locked in to the terms of the existing Offtake which will last for 5 years.

    I have to take your word for "until they see a quarter of production" unless you can point me to an ASX document. From what I've seen, it's a balance between restricting financial projections (which may be too rosy because of the desire to promote) and the need for investors to evaluate financial potential.

    Surely if you have "a geometallurgical model, fully detailed budget, mine design, scope design, scheduled out, and a processing model", that allows you to rationally project production and costs based on a projected throughput (even if it is a range). But I see your point, if their is an inflexible ASX rule then it can't be done.

 
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