MOY 0.00% 5.1¢ millennium minerals limited

Ann: $15 Million Fully Underwritten Rights Issue, page-16

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  1. 7,303 Posts.
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    Well, I am back in with a small position initially.
    I do agree @bevter - MOY has lagged a bit, but... that is the nature of companies that are heavily investing in their company assets.
    Even with unexciting hedging in place, MOY is going to be making good money right now, which will enable them to finish 2019 in a very good production increasing, reserves increasing and costs coming down.

    RMS, SLR have lagged for years, yet now are really powering ahead, I see MOY as being next in line. 
    Management need to ensure they stick to their timelines, costings and prove that all the studies and upgrades being done are indeed as good as they say they are.
 
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