MYG 2.41% 81.0¢ mayfield group holdings limited

mutiny gold doubles target production rate, page-15

  1. 1,197 Posts.
    With current mc of 30 mill and jorc of 590,000 oz gives an in ground of $50 an oz. From what I have seen in other post on other goldies is about the top end of in ground value. So we are, perhaps at full value currently.

    Once the up grade on resource is given (august) we should see the sp move based on the new figures.

    So if it doubles we should see .26 to .30 sp.

    Once we have revised costs and get closer to mining/production then she will move big time. Gold could be at $1800 oz by then. Worth the wait I reckon..
 
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