myg share price and gold price - 5 yrs chart, page-25

From Datyr "don't think we need to worry too much" ?????

Gold price used is 1750$ AUD in the BFS... it is now 1313$ AUD. Silver prices and copper prices have fallen as well.

Good luck getting finance now... the total cost according to the BFS is roughly 900$. Does not include repayment of capital and uses a very optimistic debt interest. On top of that it does not include lower revenue due to the Sandstorm deal and additional debt interest from uncompleted bank loans.


Whack another 20% deviation to allow for cost increases/inflation and contigency.. this project is best mothballed until gold prices recover.