TSXV:MMY - Post Discussion
Post by
Freddy1989Germa on Jul 30, 2023 10:56am
Odyssey Gold Joint Venture
It's interesting MMY should have a new cash flow source soon with Selinsing also they have 12 million in cash......and 90 million loss carryforward. If I understand correctly Odyssey Gold has to pay 80% of the cost if their ore is to be processed through the facility in Australia.....the question is does Odyssey have that much money? I would rather say that MMY can raise the 10-15 million more easily to upgrade to the 750,000 tons.... Of course you can wait for the gold price, but with a gold price of sometimes 2900 AUD, the price is very good, or am I wrong?
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