Since we're all being frank and honest lets do an old fashioned pros and con's on MCO, no heads in the sand. I'll give a starter, interested in others non BS additions or subtractions, this is as of now.
Pros
Very high grade No debt Good balance sheet Functioning scalable plant Very experienced CEO 2 Very experienced Senior Geo's Upgraded UG infrastructure Upgraded winder Open high grade stope Regional JV funding development
Cons
Problematic project management to date Patchy shareholder comms via asx releases Senior staff turnover Tough regulatory environment in Vic Tough geology (narrow vein) Question marks on stoping required tonnage given above point.
MCO Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held