MOY 0.00% 5.1¢ millennium minerals limited

Ann: Mineral Resource and Ore Reserve Statement, page-10

  1. 716 Posts.
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    If MOY keeps finding reserves at $87/oz costs, then a drilling programme of $14m pa will delineate 160 koz per year, which net of current production increases LOM by 1 year each year !!

    Remember gold stocks sometimes act like the POG and sometimes act like a stock....expect a good dose of volatility....but i also expect before 2020 my speculation in MOY will reap spectacular rewards.

    MOY is still only in 2nd gear, with future annual pdn of + 150,000 oz pa on the cards

    GLTAH
 
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