Current life of mine is roughly 2 years, which equals to 180koz...

Current life of mine is roughly 2 years, which equals to 180koz of gold, with an avg. profit margin of A$500 that is A$90m, which leaves MOY trading at a future P/E of 6. We are talking potentially extending LOM to 5-10 years. Probably not at once, but in due time. The drilling keeps showing us the gold in concentrated down there. Furthermore we are debt free, with an extremely competent management and an organisation so lean it makes Toyota jealous. (Just came up with that, lol)

I wouldn't be nervous, even though I am thinking to myself that rates will have to go up at some point, the company is fundamentally so promising that it would still prosper with a decreasing PoG.

Just my 2 cents, there are many more aspects to take into consideration but overall I feel very confident with MOY.