Hi,
I don't have any advice, perhaps I have some insight
I will have more insight late January as I am booked to go on a site visit around that time. One of my goals with the site visit is to check out engagement with local towns etc. I have heard it is very good but want to check for myself.
What I have done for myself is make sure I have a serious chunk of shares in MYL already and as another of my holdings moves forward I plan to rotate more into MYL. That process might take 6 months give or take and I expect I will be paying a lot more for any MYL I buy towards the end of the process compared to those I buy now. However, I would imagine that whatever price they are in 6 months, they will be substantially higher 12 months later, so still plenty of upside to be had even then. Yes, standstill agreement ends 18 months out and that is also approximate timing of the BFS so things could get very interesting around then.
I think results like those published today illustrate that the upside with the resource is going to be very good. Given they are working this first pit on less than 25% of the projects resources they will end up with a 40 to 50 year mine life (without further discoveries, further discoveries will extend this further or lift size of project). If they don't get taken over, they will have a very good quantity of concentrate flowing out for decades and I'm sure the commodities traders will be all over that. Opportunities like this don't come along everyday for us or the commodity traders.
I note MYL on Argonauts Top 10 undeveloped projects for 2018 world wide.
https://www.miningnews.net/feasibility/news/1353279/the-best-undeveloped-projects-of-2018
In short, standout BUY
Also worth noting one of the analysts has an AISC estimate of 45c/lb....very profitable at every stage of the cycle
