Just listened to teleconference and would like to point out a few things.
* Plant costs and upgrades have been increased to show a higher production. Which the modeling is now being done, which will involve recent drilling.
*MYG is looking at 2yr 75k PA and Yr3 100-120k PA.
*Finance is looking good, a few takers and different agreements on the table. BUT finance is delayed 10-12weeks away from final agreement. Looks to be 100% finance though.
* Production delayed until Q4 next yr (i said it would be Q3 previously).
* Price costs could come down 5-7% on energy saving methods.
Also Admin and Plants costs have been estimated at the highest end to save any further blow out costs.
* With the new remodeling of mine coming out - expect higher production rates and longer life mine. JG mentioned 20yrs lol.
All in all - FOR LONG TERM GOLD INVESTORS MYG is looking excellent.
- Forums
- ASX - By Stock
- MYG
- here we go
here we go, page-33
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
Add MYG (ASX) to my watchlist
|
|||||
Last
83.0¢ |
Change
-0.010(1.19%) |
Mkt cap ! $75.91M |
Open | High | Low | Value | Volume |
83.5¢ | 83.5¢ | 83.0¢ | $22.85K | 27.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14711 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.0¢ | 25848 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9711 | 0.800 |
2 | 6700 | 0.795 |
1 | 12500 | 0.790 |
1 | 9912 | 0.780 |
3 | 6750 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 25848 | 1 |
0.860 | 5058 | 1 |
0.900 | 2494 | 1 |
0.920 | 5000 | 1 |
0.980 | 2520 | 1 |
Last trade - 12.53pm 02/08/2024 (20 minute delay) ? |
Featured News
MYG (ASX) Chart |