Australia's largest stock trading and investment forum Australia's #1 stock forum

MOY

Click for more information

0.00%

5.1¢ millennium minerals limited

Let's hope it does hit 40c. That's the price I bought in at -...

First 12 Last

Share
Profile

Follow
ganar197

32 Posts.

18/02/16

22:02

Post #: 17059054
Share

Originally posted by cjbjb2702 ↑

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.

Expand

Let's hope it does hit 40c. That's the price I bought in at - think a few of us having been holding out for this stock to perform!!!

MOY Price at posting: 9.0¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

EBR

EBR reaches review milestone for wireless cardiac pacing device

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

There are more pages in this discussion • 1 more message in this thread...

First 12 Last

Add MOY (ASX) to my watchlist