re: Ann: Completion of royalty and project ac... Its hard to see us(MYG) getting to the same market cap as IGR in 10 months but on paper we are very comparable in so many ways. eg production costs, annual output but our resource needs some work. But all the talk is suggesting our resource could potentially be the same as IGR's
IGRs current market cap is 468 mill. MYG is 34 mill. It would take a 13 times increase in our share price to get to par. That would make our shares worth $1.05.
That would be very nice but I'm thinking our share price will be closer to half of that.
Which ever way you look at it MYG is a very good buy at these prices.....I'm thinking about seeing that back manager for some more funds.
Good luck holders.
Ann: Completion of royalty and project acquisitio, page-21
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Last
77.5¢ |
Change
0.055(7.64%) |
Mkt cap ! $70.88M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 77.5¢ | 73.0¢ | $8.145K | 10.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6500 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 5567 | 1 |
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| Last trade - 13.46pm 15/07/2024 (20 minute delay) ? |
| MYG (ASX) Chart |