I have been following MYG for over 2 years & having been in mine finance for 15 years, this is one of the best junior gold mine developments I have seen in Australia. It very much reminds me of Challenger that was owned by Dominion & now by Kingsgate except this is higher grade by around 20%! DOM market cap peaked at over $500M & got bought out for I think $430M from memory. IMO MYG has more potential than DOM had due to the grade & also the potential for a much longer mine life. So in my view this is not just a multi bagger but a 5-10 bagger over time. This might seem ridiculously bullish, however I have seen a lot of junior mines in my time & to me this stacks up as one of the best albeit small production.
I have been following MYG for over 2 years & having been in mine...
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Last
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $63.11M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 69.0¢ | 68.0¢ | $5.463K | 7.919K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 124 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 14.45pm 11/10/2024 (20 minute delay) ? |
| MYG (ASX) Chart |