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20.5¢ wiluna mining corporation limited.

Gold Turnaround Story of 2018, page-36

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Green Bull

5,674 Posts.

7915

23/02/18

14:15

Post #: 31291993
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Originally posted by Drugo ↑

Looked at MOY.
AISC approx. $200 more expensive for MOY
MOY have $20 mill in cash/bullion. No debt.
MOY underground going ahead. BLK still in feasibility study.
Similar proven resources.
MKT cap MOY $190 mill. (now)

MOY plant looks OK for both processes of ore. BLK has one.

Bottom line BLK does look a lot cheaper. However MOY have a better track record and no debt and better plant. BLK can produce cheaper.
At BLK mkt cap there could be room for a higher price.

Expand

"Similar proven resources. "

Want to tell us where you got this from?

From what I posted in my comparison:

- BLK has 5 times more Gold Resources

- BLK has 6.5 times more Gold Reserves

Also, I forgot to post my table comparison image in my previous posts.

Attached per below.

Cheers,

GB.

ps. don't forget the Nickel/Cobalt too.

BLK Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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