MYG 7.64% 77.5¢ mayfield group holdings limited

why doesn't the market take to myg, page-56

  1. 2,798 Posts.
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    This is an interesting conversation, it certainly making me think hard and do some research

    Firstly I suppose I should know exactly what MYG going to produce, is it Gold Dore and copper cocentrate, Gold dore and anode copper or a gold and copper concentrate?
    And come to think of it I dont know that, which is a major stuff up on my part.

    Now IF they are producing Gold from a grav and float processes then either the gold is not refractory or it is concentrated in such a small amount of material (pyrite etc) that the roasting/smelting cost is trivial.
    From memory both high grade Digenite and Chalcopyrite are refractory for copper anyway so not too worried about that.

    If MYG are only producing a gold/copper concentrate then IMHO cdchi1 has some very valid points.

    Time to sit down for a few hours and see if I can find answers to some of this.

 
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