the pump was a fail and the sp has retreated below 4c. I think it was created to sell out a significant holding as well. If not it would have held solidly above 4c.
The recent ann does nothing for MYG in terms of financing. Like Daytr says only reserves and probably ounces can be considered.
MYG does not have the cash to do a big drill program atm so the "new studies" will just have to wait to be confirmed via drilling.
They could do a capital raising i suppose but that would kill the option A. Perhaps they are waiting for those to be exercised first then do one to fund a decent drill program to improve the BFS.
the pump was a fail and the sp has retreated below 4c. I think...
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Last
74.0¢ |
Change
0.010(1.37%) |
Mkt cap ! $67.68M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 75.5¢ | 73.5¢ | $7.069K | 9.552K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11948 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 3672 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| MYG (ASX) Chart |