MCO myeco group ltd
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correction......correction......2.8 billion dollars of gold at...

  1. beforethebounce
    6,952 Posts.
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    29/12/08
    22:16
    Post #: 4642687
    correction......correction......2.8 billion dollars of gold at woods point

    make that $2,889,250,000 dollars of gold in ground using the grade factor of 2.5fold with the jorc of 910,000 ounces.

    910,000 ounces X A$1270 an ounce = $1,155,700,000

    using a grade factor of 2.5 fold = A$2,889,250,000

    MCO market cap. = $13 million


    MCO Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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