I don't see how the broker report can be wrong?
It is a paid broker report isn't it? Why would MSR give money to a broker to write a report with wrong information.
Infrastructure
Once in production the firm runs the risk of not having sufficient railway networks in place to transport the gold. It’s believed that once an off-take agreement is in place it will take six months for MSR to develop a railway network, at which time the gold will likely be transported to China.
Is it that hard to transport gold that they need a rail? Not sure how it works over there.. so just wanted some information on why the analyst would say this.
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50.0¢ |
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Mkt cap ! $519.7M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 1050 | 49.0¢ |
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| Price($) | Vol. | No. |
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| TCG (ASX) Chart |