Gonnfishing, I would make the following comments-1: MCO fairly...

  1. 2,412 Posts.
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    Gonnfishing, I would make the following comments-
    1: MCO fairly valued for current position as a soon to be producer. Huge upside is regional opportunities which will eventually dwarf the Morning Star resource.
    2: BDG massively undervalued as a dividend paying goldie with $55 mil in the bank so market cap equates to $70mil for probable production of 70000 oz_ this year.
    3: Heg is building a mine from scratch so overheads are huge compared to MCO which has $mils of development from past mining. Mining a more unpredictable resource than MCO, imo.
    4: Strongly dislike low grade open cuts such as IGR. Costs very high per oz and a downward gold price will put them in a marginal, at best, position. Just a personal dislike, I think the day of the narrow vein miner is imminent a la SLR.
    Had a good experience today when at Salamanca Market in Hobart I was stopped by an obviously fashion concious fellow in a Morning Star polo top the same as I was wearing. It was John whom I met at the Woods Point trip and I appreciated the contacts that were formed at that meeting and enjoyed catching up. He said he had been there in the last couple of weeks and talked with the new mine manager and was impressed with his attitude and professionalism and attention to safety matters at the mine. I feel a real affinity with those at the presentation and hope we can all do it again in the years ahead when we are a successful producer. I also hope those that couldn't make it can next time.

    Cheers Mal
 
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Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $7.820M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 5384 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 49822 1
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Last trade - 16.21pm 04/07/2025 (20 minute delay) ?
MCO (ASX) Chart
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