what is myg's projected production cost?, page-2

Realistically people should be thinking about the project on its own merits and not as a potential take over target otherwise you may be sorely disappointed in the short term.

If it was a high grade, shallow, wide deposit suitable for a long term open cut mine then it would have potential to be taken over at this stage. But being a high grade funnel type deposit with an interesting composition it's highly unlikely a company would take the risk this far out.

Once the project is up and running and they have proven the site can be mined at the projected cash cost, then you may have some interest. Expect to have some solid quarters behind us before the sharks start circling.