MYG mayfield group holdings limited

closer look at the dfs part 2, page-3

  1. 816 Posts.
    Hi Redterritory,

    I once again seriously urge you to reconsider MYGOB. This is not financial advice but you must admit that the odds are not good.

    From the revised DFS.
    "Subject to receipt of project financing, plant construction is due to start in December 2012, mining in April 2012
    and processing at the Deflector Project is due to commence in October 2013. Mutiny has pre-ordered its mill and is
    activating other initiatives to drive the attainment of the start-up schedule."

    Options expire in Nov 2013... Smack right in the middle of commissioning assuming there is no delays. It is already december and plant construction hasn't commenced.
 
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