Extract from article Proactive Investor 3/7/12. Old news yes, but for those who have not seen it i recomend a read of the entire article which were i not so lazy i would have posted but i QUOTE the closeing paragraph. Analysis The BFS is an impressive document that belies a market cap of just $33 million or so for a mine that would produce $323 million and net profit of$171 million. The scope to increase resources,profit and mine life adds fodder to this hypothesis.Clearly the current market is out of kilter with the Deflector BFS projections.UNQUOTE For those interested go to www.proactiveinvestors.com.au Regards Zubric
MYG Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
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