G79 0.00% 2.7¢ goldoz limited

Ann: Mustang Agrees Key Approvals & Waivers with Arena Investors, page-101

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  1. 3,690 Posts.
    lightbulb Created with Sketch. 182
    hahaha, why not?
    Mus may one day mine for V, if the demand stays strong and storage V takes off,
    then even the low grade V resources companies will be mining.
    However in the meantime Mus is way behind the other 2 high-grade V plays.

    Im not sure what the resource grade here is exactly, but its below 0.5% which
    will require a $800m+ capex.
    So youll need some luck finding that amount of money
    in the future.
    Also the high directors' fees that are a drain (is this just a lifestyle stock?)

    Im not sure what the attraction to this stock is. Ive been following it since the pre-ruby
    auction days and even then there were down-rampers advising caution.
    But I can tell that most of you on here are inteligent guys with investment experience etc etc
    I mean what is it? why? pls let me know.
    Especially as there are other, particulary V stocks out there with amazing prospects
    which are still undervalued!!!

    But enough of this (in inverted commas) downramping

    and GLTAH
 
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