MOY 0.00% 5.1¢ millennium minerals limited

Ann: March Quarter Trading Update-MOY.AX, page-2

  1. 11,703 Posts.
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    This announcement came early. An excellent update.

    $7.1 free cash generated. $14.1M in bank and growing. A cash machine.

    Production ~23,000 ounces at lower end of cost. Forecasted end of year 0f 92,000 ounces from these numbers and above production guidance of max 85,000. Conservative management.

    Some big catalysts to come, resource drilling updates and the imminent resource upgrade.

    MOY to start forming a slow and steady ascending price channel.

    Also PoG is $1250 USD
 
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Currently unlisted public company.

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