Does anybody have an opinion on how the Ector carat grade will impact the EBITDA for 2019?
By my calculations during this period the revenues will decline significantly. However I also understand that chart grades increase the further below the surface and that Ector has only been mined to 30m.
And is the pit mining timeline/schedule accurate within the Empire Capital Partners report?
Have recently bought into MED and I am concerned that the carat grade of Ector will slow this stock down from a 15-bagger to only a 5-bagger within a 12 month time period.
Any thoughts and opinions?
MED Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
