Agree to the extent that until they produce at around those figures I only truly acknowledge it as possible, trending probable if other factors are in their favour.
Regardless until they do produce at or around that price, presuming most other factors appear within bounds of other gold mining companies, my general rule of thumb is to allow 25 %.
Therefore my immediate expectancy would be they may produce at :
A$618 oz x 25% =$154 oz add original $618 = $772 per ounce likely total cost total at this point, still lower than most others.
Subject to superior knowledge one of the most compelling features to me trending toward lower costs in this case, is the proven and then probable gold spacing within the total size/area of the planned original open pit together with likely pit optimisation factors, (ie. effectively just digging it out of the ground, a major variance in costing’s amongst gold’ies) and to me MYG's looks pretty good in that respect ?
- Forums
- ASX - By Stock
- project execution
Agree to the extent that until they produce at around those...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MYG (ASX) to my watchlist
(20min delay)
|
|||||
Last
67.0¢ |
Change
-0.010(1.47%) |
Mkt cap ! $61.08M |
Open | High | Low | Value | Volume |
73.0¢ | 73.0¢ | 67.0¢ | $26.14K | 36.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 68.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.0¢ | 1403 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 0.680 |
1 | 1500 | 0.675 |
1 | 50000 | 0.660 |
1 | 1538 | 0.650 |
2 | 16451 | 0.610 |
Price($) | Vol. | No. |
---|---|---|
0.730 | 1403 | 1 |
0.775 | 2452 | 1 |
0.790 | 5567 | 1 |
0.800 | 6061 | 1 |
0.850 | 15567 | 1 |
Last trade - 14.08pm 27/06/2024 (20 minute delay) ? |
Featured News
MYG (ASX) Chart |