Being a long term holder with an average of 5.6c and having met most of the top team at MYL , I naturally keep a close eye on timelines announced by the Company. The September 2019 Denver Gold Conference presentation indicated 2019 for advancing offtake/finance negotiations and UG scoping studies. Furthermore early 2020 for ESIA completion, DFS completion, Government approvals secured and Project finance secured and mid 2020 for commencement of production. Naturally the dreadful Covid 19 situation will be a factor for some delay but with personnel on the ground in Myanmar, there is a lot of catching up to undertake. Worth noting that the Company was represented at the recent gold licence award ceremony. Maybe the Company could now issue new timeline estimates for outstanding items.
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Being a long term holder with an average of 5.6c and having met...
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