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5.1¢ millennium minerals limited

Ann: Investec provide Credit Approval for $17.5M Facility, page-42

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raccoondog

224 Posts.

20

12/06/18

20:51

Post #: 33663856
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Originally posted by loki01 ↑

Oh moi, my moy is leaving me behind waiting to be filled at the 17 cent mark.

This must be flaming's doing with all his posts about moy being the next best thing to sliced cheddar.

Somebody got excited this morning and even bought some shares at 20.5 cents.

I still think this could retrace unless the gold price takes off (unlikely), especially since the next couple of quarterly reports will be sub-par.

People have gotten a bit excited with the latest announcement that Investec is willing to lend moy money. I do not get why anyone would be excited - Investect's job is to lend money and bleed the victim if they can (see the TRY story). I was a bit surprised that the full terms of the loan facility was not announced - I wonder why that was.

loki (my stockings have not been fully filled - come back to me cause I am waiting at the station.)

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It depends on when the reserve upgrade is announced. If a 200,000 oz increase in reserves from the fresh ore feasibility as a result of the plant upgrade is announced then its unlikely a retrace will occur. But if theres doubt from the market as to the success of the treatment flow chart then perhaps

MOY Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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