Ann: High Grade Intercepts and Conglomerate Review, page-41

How So. MOY only aiming at producing 100konces/year. They are doing 80k now.
They spend a majority of their earnings on suring up more ounces.

My concern here and it has been brought up many times before is that moy is an employment agency and covering their costs each year.

Yes we have considerable cash but i envisage this will be spent on new plant or the like for any infrastructure type expenditure.

MOY have maybe missed the boat here flat out looking at their own property meanwhile NOVA and ARV buying up everything in MOY backyard. They did not get a sniff of what was going on?

If MOY is to become a $1bn company in not too long as you suggest what is going to drive it?

My bet is they are busy looking for conglomerate type stuff on their existing properties.
That would definitely get some interest.

Though i am sure there is plenty of other stuff MOY can get into over there and bring another decent deposit into production.