raccoondog wrote that MOY wont cover costs, I shall remind him of this quote later on.
McK, you are correct, it should be Creditors as they privide credit to MOY.
It is not a good time for MOY at the moment but I believe they will improve with some time. I am looking forward to the June 2020 quarterly in particular as I think the share price will respond to the results. I know this is eight months away but by then there will be no hedging remaining, a lower ASIC as we will by then have cut costs (cart our own ore), and production should be up. The share price is currently sitting at a low 6.1c, I shall bring this post back up after the June 2020 quarterly and we shall see if there is a gain or a loss in the share price.
Orthow I think there will be lower prices yet as I believe the gold will fall some more until Christmas.
The share price may even get to 5c ?
Ann: Quarterly Activities Report, page-42
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)