According to the last infomation release by MOY they would hope to be producing gold by December 2010...
Cant see why if they get a move along they cant still meet that timetable.... (6-9 months to build a CIL plant).
Given the rising gold price all looks to be going in their favour at present...
If you want to compare please look at IGR - comparable in project development.. but not in proce... MOY way undervalued IMO.... not to mention MOY have already jumped through all the hoops once before so i imagine once they push to button they could move very quickly....
Looking forward to the next couple of months as more information comes out about progress
Cheers
RT
MOY Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
