I just wanted to add one of more thought.
Although it is unlikely, there is a chance that MOY will not need to draw the loan at all.
It will depend on the cash flow generation of the next two quarters.
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I remember few years back RMS had a similar 10 million loan arrangement with CBA which was never required. While MOY is not in the same situation but might as well chip away.
@ozpolarbear.......from your other post you mentioned putting money evenly in the mainstream goldies.
Is MOY one of them?? I know I have asked a few time and you have always replied. Thank you.
If I am not asking too much, when time allows, could you please share your thoughts on MOY.
I have been a bull on this since end of 2015 and mildly bearish in the last few months. It played out just like that.
But with all the news and development, once again a Bull.
Thanks @ozpolarbear
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