MOY 0.00% 5.1¢ millennium minerals limited

Hi Brian,How did you get $14.92 cash and bullion? Cash &...

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    Hi Brian,
    How did you get $14.92 cash and bullion? Cash & equivalents in the offer document are $15.296M while debt from 31/12/18 is unchanged and so at $12.5M.
    I always use mid-range of guidance figures for production and AISC for comparative purposes and find with the above figures that MOY is low on the scale of valuations and below WGX. AISC at anticipated $1337/oz is in the mid-range, alongside producers like SLR, ALK, WGX.
 
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