take it easy guys, my understanding is the Sandstorm deal is in place, 25 million bank finance has been approved and a further 25 million is being organised once the credit market thaws for gold project finance
at the moment Im more interested in how MYG will manage its finances to ensure they stay liquid, no point having ounce dirt and possible massive exploration up side if you go broke
as far as getting antsy about delays take a chill pill, if you guys haven't noticed gold industry has change considerably, this could well work out to the advantage of MYG, marginal producers going broke worldwide and AUD falling which may give Aus miners an advantage over others, bring on 85c AUD
71c4
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2 | 9148 | 0.775 |
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