MOY 0.00% 5.1¢ millennium minerals limited

Ann: Quarterly Activities Report, page-51

  1. McK
    420 Posts.
    lightbulb Created with Sketch. 69
    Hi GT

    For the record Moy has $47.5 million debt - $32.5 mill to IMC and $15 mil to Investec. Not $81 million. Looks like you are terming liabilities as debt. If that the case you need to also consider the company’s asset value - which exceeds liabilities.

    But agree that if Moy doesn’t lift its plant recovery rate it won’t last 6 months.

    Should be interesting but definitely not amusing.
 
watchlist Created with Sketch. Add MOY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.