MOY, MILLENNIUM MINERALS LIMITED

[blacksheep]

In Reply To: nipper's post @ Nov 26 2019, 07:30 AM

MOY has been a producer for some time but when you look at their All In Sustaining Costs vs Selling Price it's not hard to see why they went bust
From the last Quarterly

Table 1 - Quarterly Comparative Results - Mar19, June19, Sept19
Gold metrics
Gold produced oz 17,393 14,871 16,286
Gold sold oz 20,008 13,760 17,261
Gold on hand oz 58 1,477 707
Average selling price $/oz 1,751 1,742 1,866
Cash operating cost * $/oz 1,480 1,343 1,793
All-in sustaining cost * $/oz 1,564 1,733 2,068

[nipper]

Into VA.... Couldn't get the money. Last post talked about getting the capital some 7 years ago? (assuming its the same crowd).

Gold's still in the ground, just that there's probably not enough of it?

https://www.australianmining.com.au/news/mi...administration/

[ridgey]

In Reply To: nash's post @ Aug 24 2012, 10:29 AM

at long last! Its been a long ride since its reincarnation...production imminent.

[nash]

In Reply To: arty's post @ Apr 7 2011, 06:41 PM

hi arty
moy is hovering up on
year high around .028

looking good

[arty]

The excitement after January's announcement/ presentation didn't last very long, and MOY slipped back to last December's Lows.
Having reached the support, the announcement of a JV with Galliard caused renewed interest, this time with huge volume. Add to that the Bullish MACD Divergence, and we got a breakout from a descending triangle today, which may well revisit January levels and beyond.

Not on board yet - only found out about it in today's Trinity scans - but definitely on shopping list.



The weekly chart shows a similar picture, only on a much larger scale. I'll leave the fundamental ramifications and earnings outlooks to fundamentally inclined members; if I buy into the strength, I'll trade it by my Plan, which includes trailing stops.

[crystal]

bit of action last couple of days days ,took out recent highs ,ma about to cross,watching intently




mick

[Duster]

MOY looking for a strategic partner. Now who may that be ?

[veeone]

THE Pilbara may have made its name by being home to some of the world’s largest iron ore deposits, but it is also rich in other minerals. MiningNews.net wraps up a look at some of the non-iron ore development plays in the region with a focus on gold and base metals.
Gold
Millennium Minerals’ flagship project is the Nullagine gold project, near the town of the same name in the East Pilbara.
The project has a resource of 1.1 million ounces of gold contained within five deposits and the company completed an update of its 2007 feasibility study last year.
Nullagine has estimated capital costs of $A63 million, and permitting and design work for the 1 million tonne per annum carbon-in-leach plant is complete.
Once in production, the stage one Nullagine operation will produce 403,000oz over a seven-year mine life.

http://www.miningnewspremium.net/storyview...ectionsource=s0

[RADIO]

Recent ShareScene.com Radio Broadcast (28/07/2008 17:30:00):
MOY - The Millennium Story - Mr Andrew Law, Managing Director

N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.
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ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.
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[ShareScene.com]

Topic rename

From:
WEDGETAIL MINING LIMITED (WTE)

To:
MILLENNIUM MINERALS LIMITED (MOY)

Thankyou
Sharescene.com