MMN macmin silver ltd

average sale price per oz

  1. interloper01
    362 Posts.
    lightbulb Created with Sketch. 155
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    03/08/08
    15:20
    Post #: 4067413
    Correct me if I'm wrong, but MMN appear to have realised the following average price per oz of Ag:

    73,000 oz sold during the quarter (Section 1.0 Summary)
    AU$1,308,000 received from product sales(App 5B, Section 1.1, current qtr)

    Average sale price/oz = AU$1,308,000/73,000oz = AU$17.92.

    Not a bad rsult for "grotty silver powder that's black and hard to sell".
    MMN Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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