MYG 1.19% 83.0¢ mayfield group holdings limited

mutiny gold doubles target production rate, page-21

  1. 508 Posts.
    100000 x $2000 per ounce less production costs of say $500 per ounce(i can recall in one of JG roadshows this rough figure) = $150 000 000 per year profit plus copper which will be $10000 per tonne soon enough as the Chinese have started to buy it again.Interesting to note that the Chinese growth of 9.5% is mostly in the rural areas so the need for infrastructure building is paramount and we all know we need copper for that.AND STILL WE HAVE A MARKET CAP OF ONLY 30million.FAIRDINKUM strap yourselves in folks over the next 12-18 months.The other question is are we a takeover target at such a small cap
 
watchlist Created with Sketch. Add MYG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.