Lerp, you've used $91M as a capex, but Sandstorm are paying $41M of this. In return MYG gives them cheap gold. I reckon there will also be a deal struck with the buyer/s of the concentrate. Sandstorm will also pay MYG $4M if a certain production figure is met. So add atleast $40M to your Net profit figure.
But I think what you are also overlooking is the potential. The directors are very confident the Gullewa tenement is very prospective, and there is a lot of experience in the Murchison area sitting on the board.
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Lerp, you've used $91M as a capex, but Sandstorm are paying $41M...
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Last
72.0¢ |
Change
-0.040(5.26%) |
Mkt cap ! $64.48M |
Open | High | Low | Value | Volume |
74.0¢ | 76.0¢ | 68.0¢ | $118.6K | 166.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2788 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
76.5¢ | 4974 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2788 | 0.720 |
2 | 7584 | 0.710 |
2 | 14410 | 0.705 |
3 | 44928 | 0.700 |
1 | 8000 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.765 | 4974 | 2 |
0.770 | 3672 | 1 |
0.790 | 1300 | 2 |
0.810 | 10000 | 1 |
0.850 | 5199 | 2 |
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