MCO 0.00% 11.0¢ morning star gold n.l.

confidence in morning star gold, page-68

  1. 677 Posts.
    mamba, forget about the 40 cent days. MCO will be doing well to maintain 10c if the capital raising goes ahead. Dilution will kill any chance of returns to those lofty levels. Remeber that MCO was only targeting 80,000 tonnes per year plant throughput. You can't command big market caps with that level of production (and likely grades). This project is a minnow and will only ever command a minnow size market cap.
    Busting
 
watchlist Created with Sketch. Add MCO (ASX) to my watchlist

Currently unlisted public company.

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