I personally think a more then decent return will occur 'if' government approval is granted, which I have heard management and is very confident about. Foreign investment is big on the Myanmar government agenda since trade sanctions were dropped years ago. They still need to lock in development of some big projects to start drawing a lot more interest in from the international community which they would be be keen to do. If a project such as this doesn't get approved then the governments attempt at re-establishing Myanmar as an attractive mining destination will suffer some serious hurdles early on.
But yes a very substantial return could be realised in the longer term. Although there are definitely some decent price catalysts near term which will re-rate MYL if they come to fruition. Won't be long till we see the back of 10c IMO.
MYL Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held