Loki01, Good to see you on board. Dumped NGF and MDL after they have become fully valued. Have been looking for a well undervalued gold stock coming into production and this is it. Very little process risk as apparently MIM developed the Albion Process (at HR Lab in Albion in Brisbane - hence the name) on this ore type from the Dom Rep so I am told. The NPV of $78M USD at a $900 gold price means it's trading at 30% of NPV - or less. Compare MDL at $613M market cap for 200,000 oz pa with a $33M market cap for 65,000 oz pa. It's a no-brainer.
EVG Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
