mco at 50c - gold, page-44

  1. 3,634 Posts.
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    Nice Chief. Just having a look-at what MCO may be capable of today and i know its a long bow and some will say that MML,s labour and costs are lower but as of today MML had a market cap of 1.27 billion. a couple of years ago it was just over 100 million. There last quarter grade was 15 grams and produced around 25000 ounces. We already have established MCO could be capable with minor cost and mods from just the Morningstar plant 2 double capacity to 160 000 tonnes at 15 grams for 80 000 0z if grades do their thing. MML,s costs are just mining costs with royalties with no development and admin costs. So this is the unknown and hypothetical bit but if we could surprise to the upside and go 20 grams (still well bellow historic average) we could produce 25000 ounces a quarter at similar costs.Ramp yes but who in there right mind envisaged MML going from 100 mill market cap to 1.27 billion in a couple of years.
 
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(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $8.422M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $330 23.54K

Buyers (Bids)

No. Vol. Price($)
3 210139 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 743408 2
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Last trade - 09.59am 21/07/2025 (20 minute delay) ?
MCO (ASX) Chart
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