OTCPK:MEAOD - Post by User
Post by
btrevorbon Nov 14, 2013 4:38pm
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Post# 21907348
Thoughts on News Release
Thoughts on News Release Positive or Negative - what do you think?
Positive = commercial production finally declared!
Negative = outlook for lower production
MTO projects 0.24 NAV for 60 000oz @ $464 cash cost,
NR projects only 40 000oz @ $1000+/- cash cost for 2014
Upcoming share dillution and taxes to be implimented are a drag on share price.
I just don't see this getting to 0.24 anytime soon. Maybe 2015 when mill is upgraded again.
Anyone else have comments?