MCO 0.00% 11.0¢ morning star gold n.l.

Be alot of other tangible reasons to the DOM MCO difference in...

  1. 34,168 Posts.
    lightbulb Created with Sketch. 1887
    Be alot of other tangible reasons to the DOM MCO difference in capitalised value:

    DOM has probably around $50M in the bank MCO effectively none

    DOM has no cash burn before any production starts. MCO has considerable cash burn before full production ie 100k ounces per annum

    DOM has a plant and fleet jumbos, boggers etc I am guessing worth $70M

    DOM has all development drives in place. MCO has some but no decline so thats another $20M

    The above figures are just guesses by me but there has to be ato least 130M in tangible assets that need to be discounted from your differences in value Robertka



 
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