Valuation and SWOT Analysis - MOY, page-46

moy was always going to get a good ol' market spanking if it didn't deliver on commissioning of the stage 1 of processing plant. It didn't and so it is now discounted. Simple really.

I think Cash has been hanging with white knuckles onto a slimy pole for some time and only propped up by some good luck on the exploration front. So my sense is that when you are going to get a spanking, then make it worth while ... air all your dirty laundry! I think that is exactly what Cash has done. Hence the very very very soggy share price.

In the near term this will IMO get to 15 -> 16c. Being and being to be seen in control of AISC will help push further as will a more confident presentation of 5+ years economic reserves.

Have a great day.