MYL 0.00% 7.0¢ myanmar metals limited

MYL Site Visit, page-32

  1. 1,193 Posts.
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    Thanks @Kalenn. Great report!

    Out of interest for any new shareholders, John covers how MYL stumbled onto Bawdwin here https://hotcopper.com.au/threads/ann-china-pit-scoping-study-finalised.4432061/page-54?post_id=35741177

    Your report really highlights to me how I don't need to concern myself with the resource anymore - it's all about management and how it navigates Myanmar.

    I would like MYL to keep holding this resource through production too but agree they'll be a target sometime. Maybe after completing the DFS, or if we're lucky, soon after production starts but that's it. Once they can prove they're able to develop, fund and build a mine in Myanmar, it'll be too attractive to larger miners. Ivanhoe operated a copper mine in Myanmar in late 90s - early 2000s and eventually had to pull out - but that was a very different time.

 
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