MYG 1.41% 72.0¢ mayfield group holdings limited

re: Ann: Canary Events Roadshow Presentation ... some highlights...

  1. 822 Posts.
    re: Ann: Canary Events Roadshow Presentation ... some highlights
    - substantial metallurgy studies are complete and the results are due to be released. To paraphrase 'the easiest way to improve ounces is to improve meatallurgical recovery'
    - aiming to put a deposit on a ball mill in december pending finance(wouldn't be doing this if the study didn't stack up IMO)
    - First gold pour from White Well in june 2012 if not sooner and profit will be used to drill, develop Nickel tenements
    - realistically not looking at the iron deposits for 18 months however the magnetite is high grade and the rough plan ATM is to cheaply turn it into pig iron at a cost of ~$50/tonne which sells for $500/tonne on market OR sell the ore to nearby projects who are moving ahead with magnetite projects with much lower grades (i like the first idea better!)

    I put off listening to this thinking that there would be nothing new that I have not read from the presentation slides but I was wrong. I would recommend that everyone listen to the presentation. If I could give JG a TU I would
 
watchlist Created with Sketch. Add MYG (ASX) to my watchlist
(20min delay)
Last
72.0¢
Change
0.010(1.41%)
Mkt cap ! $65.85M
Open High Low Value Volume
72.0¢ 72.0¢ 72.0¢ $7.257K 10.07K

Buyers (Bids)

No. Vol. Price($)
1 8750 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
72.0¢ 1403 1
View Market Depth
Last trade - 11.02am 10/07/2024 (20 minute delay) ?
MYG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.