MGO marengo mining limited
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valuation

  1. Hiepn2_2005
    1,749 Posts.
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    04/11/10
    16:51
    Post #: 7430501
    On page 9 of DML's equity raising presentation, shows an annual production vs cash cost for comparable companies.

    It shows mgo to be producing at 120ktonnes per year at cash cost of US$0.80/lb.

    The source of the chart is from Axiom Advisory Services, 18/10/10.


    With the above figures in mind is anyone able to do a valuation on MGO.
    MGO Price at posting: 29.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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