G79 0.00% 2.7¢ goldoz limited

good time to buy MUS, page-152

  1. 9,119 Posts.
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    Still has a market cap of $24 million so not cheap imo. Other than the graphite lease and the cash what value is there? the ruby mining operation has probably burned over $7-10 million by now and only made $700k in sales. I wouldn't expect any big surprises to the upside on the sales of remaining inventory. All the best rocks would have sold already. Plus they indicated that mining has been suspended for wet season and now putting stock piles through. The only way out of this slump is the graphite imo.
 
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