MYG
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1.19% 83.0¢ mayfield group holdings limited

notice of general meeting, page-11

  1. oblong123
    1,526 Posts.
    lightbulb Created with Sketch. 59
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    09/05/11
    02:39
    Post #: 8370566
    very rough calcs:

    100k oz per year
    gold price $1500/oz?
    cash costs $500/oz
    =
    $1000 per oz * 100k oz = $100mil profit

    P/E 10 - $1bil market cap
    500mil on issue - $2/share? lets hope so!
    MYG Price at posting: 11.8¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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