If you are an investor who can manage the risk of an investment in an overseas mine, of all the Ag plays on the ASX, MYL screens the cheapest based on today's prices and all the way up to US$500 Oz as an example.
Here is the graph of EV/Mineable OZ of Au Equivalent which shows this based on today's spot prices for Ag and all other metals -
Here is the graph of EV/Mineable OZ of Au Equivalent which shows this based on Ag at US$500 Oz and today's spot prices for all other metals -
MYL Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held