I think it can be fairly quick. This week or next week @ some stage.
Just had a quick read of the quarterly report. It's a bit unfortunate that our MD didn't include the production ramp up in progress into the report. After adding another 2 shifts , we are aiming for a similar production rate as GEM in this area for ruby. I was very surprised about this after doing some rough calculation & I got some very wild target in mind which I don't think its appropriate to share in here as I am even hardly convinced. I'm trying to work with the MD re my valuation calculation however he got my head spinning ! I think I'll leave him alone for now as he is heading to US for coming events.
Anyway, he said a bunch of analysts on our site now doing very pro calculation modelling now. We might see an updated research report shortly ! Yay
Hold strong is what I can say, this company might be able to surprise lots of us in the up side.
MUS Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
