MOY millennium minerals limited

Great progress, simply because it's consistent (2 months...

  1. 432 Posts.
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    Great progress, simply because it's consistent (2 months running). Worth noting there is 31 days in July vs 30 in June, however still improvement at 7000 ozs. Reasonable to think ASIC will be near June values and thus making about 3.5 - 5 million profit a month depending on what gold price you believe they are getting.

    Reality is their yearly revenue at this rate is greater then the current market cap. To me that highlights the risk reward for a signifcant upside since most of the market has assumed the worst.

    Time to go shopping.

    GLTA

    wk
 
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