I heard there were quite a number of tender applications for the development of our underground mine which is real positive. This news should be coming out real soon. I have an underground background and MOY gold grades are fantastic and will produce substantial cash flow for years to come.
IMO our high stope grades, open at depth exploration, diamond drilling from developed drives and cross cuts instead of drilling above ground and industry standard mine plan will lower our ASIC even more.
Happy to hold this little beauty as we are a gold producer, have cash in the bank, tightly held register, highly prospective ground and many more assay results to be realised on top of our very good grades realised so far.
MOY Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held