MOY 0.00% 5.1¢ millennium minerals limited

Quanta, The only thing missing fundamentally is LOM. That is...

  1. 7,733 Posts.
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    Quanta,
    The only thing missing fundamentally is LOM.
    That is currently being worked on and we should know in a few weeks. If we can get LOM back to an initial 4-5 years then look out!
    We know from some initial drilling results there have been some good hits with good grades!
    Also in his statement Mr Dovaston mentioned "aggressive drilling campaign" and to "Rapidly grow". That is exactly what we want to hear.
    Not long to wait really, in a couple of months we will be debt free and we will have a good understanding how we are looking into the future, LOM / production wise.
    As far as a $1 SP, anything is possible I suppose but if the GP keeps rising over the year I would suggest 40-50c is quite achievable in the next 12 months.
    IMO.
 
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