Is MYG in for the perfect storm ?
*QE3 UNLIMITED plus every central bank printing.
*cyclical trends for Gold is bullish from August to March and 12 mnths targets are well over 2k+.
*Revised DFS and finance out soon
*New grade deposits are all but fading. Australia's avg is now around 1.2gt. We are more than 3 times highers and we have silver and copper credits.
*Average costs are now 850per ounce. Ours well and truly below.
On the chart have had a beautiful consolidation and getting ready for the next leg up.
We are looking AT MUCH HIGHER PRICES In the next 18mnths, and higher than even most would believe !
Believe chart below shows where we are:
perfect storm ?
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Last
84.0¢ |
Change
0.010(1.20%) |
Mkt cap ! $76.83M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.0¢ | 81.5¢ | $18.14K | 21.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 208 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 18000 | 1 |
View Market Depth
| Last trade - 15.59pm 23/07/2024 (20 minute delay) ? |
| MYG (ASX) Chart |