As can been seen from the SP movement in the last months, there...

As can been seen from the SP movement in the last months, there is a "trend" that with the POG not leading the way at the moment, that investors, if interested at all in miners, prefer the stable to growing producers of precious metals. Developers or the miners with big investments programs at the momnent, are out of favor, not only the Aussie onces but also the Northern Americans. It is what it is. As far as MOY is concerned, I can understand that there is interest in this company by other miners. They will produce some 100.000 OZ on a annual basis in the last quater of this CY. They don have any debt and a reserve position of value.
The management of MOY, which I held highly, have said that the next 2 quarters will not be, figurewise, the best ones. So investors are not rushing. But I allways try to combine the situatioin at the company with the pricemovements of the shares. Nothing other will come to my mind than that the current 17cts are too low for a company like MOY. I have the patience to wait for the last quarter of this year, or even better 2019. As allways I have my own thoughts about the POG and combined I am waiting for much better times for MOY. There is not much downward risk at these levels. I can make up a story for MOY to be valued in the 30 to 40 cts. So a take-over bid on MOY for say a 20 - 24 cts would be "no go" for me.