About ~30% of Bawdwin is weighted to Silver with around ~40% of the 100Mt indicated and the resource is open in all directions for further exploration. The Shan and Meingtha lodes will be further proven in time, with ease.
MYL market cap should be well above $400 million considering that MYL's forecast EBITDA is well above AUD$140 million a year and based on the prospect of mining Bawdwin for the next few decades.
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