MOY 0.00% 5.1¢ millennium minerals limited

Elliottwave count, page-52

  1. 10,912 Posts.
    lightbulb Created with Sketch. 1748
    At this very moment:

    $1450 upper AISC minus AUD gold price of $1942 = $492
    $492 multiplied by 80,000 ounces = $40m

    $1370 - $192 = $572
    $572 * 90,000 = $52m

    So MOY's implied annualised post-AISC is $40-$52m... With an EV of the upper estimate... Looks undervalued.

    https://hotcopper.com.au/data/attachments/1594/1594886-f2751f0e86eea0ec5e631fb1e474e2c2.jpg
    Last edited by robbo24: 14/06/19
 
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