@Davisite, @ekismal, @SEAH I need to clarify my comments above. These relate to the first auction. There are many people with expectations above USD $200/ct ( some well above ). The 1st auction is completely new for Mustang and the buyers. I definitely agree that the mining from 8245L is company-making for Mustang. We just need to make sure that shareholders aren’t disappointed with the auction outcome if a lower average $/ct figure is achieved for the first auction. They have been breaking new ground literally. It’s the revenue, cashflow and profitability that’s very important, particularly if it gives them the initial cashflow needed for growth.
MUS Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held