MOY 0.00% 5.1¢ millennium minerals limited

Fair enough NL - well done on the profit.Reality is that Moy...

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  1. McK
    461 Posts.
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    Fair enough NL - well done on the profit.

    Reality is that Moy could have had a bumper July if they had of sourced all their gold or at least the majority from Barton’s.

    But they have chosen to stick to a 50/50 mix between Barton’s UG and lower grade pits to maintain mine life, while still producing at a (now) profitable and positive cash flow rate.

    I too craved a shot in the arm from July production, but I have to admit Moy is operating for longer term value.
 
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