Silver Linings PlaybookFosters Stockbroking
Still expecting completion of permitting in 2020. MYL released its June quarter report. A key message was that permitting – to be ultimately finalised by issue of a Foreign Investment Permit by the Myanmar Investment Commission (MIC) - is expected to complete in CY20, despite the disruption caused by COVID-19.
For 2020 year to date, silver price gains have lagged gold, but more recently the gold / silver ratio is narrowing (currently 1oz gold = 84oz silver). Spot silver is up 25% month to date at US$23/oz.
Expansion Study Extends Open Pit Mine LifeArgonaut
Myanmar Metals (MYL) has completed an internal study into an expansion of the Bawdwin open pit.
Bawdwin Reaches 100MtArgonaut
Myanmar Metals’ (MYL) Bawdwin Pb/Zn/Ag project has now surpassed 100Mt with the latest resource upgrade.
Funded Through to FIDArgonaut
Myanmar Metals (MYL) has completed a $20.8m equity placement (at 6.5¢/sh), which should see the Company funded through to a Financial Investment Decision (FID) on its 51% owned Bawdwin polymetallic project in Myanmar.
The Start of Something BigArgonaut
Myanmar Metals (MYL) released a Pre-Feasibility Study (FPS) for the starter pit of the Bawdwin Joint Venture (BJV, 51% MYL).
Discovery of High-Grade Copper Lode Enhances Bawdwin's ValueArgonaut
The first drill hole to reach target depth at the ER Valley prospect has hit high grade copper with an intercept of 13m @ 5.5% Cu, 2.5oz/t Ag, 0.3% Co and 0.5% Ni from 156m (Hole BWDD023).
Contender For Heavyweight World Champion TitlePatersons Securities
The Bawdwin mine has a lot to offer and the path to development
could only be a short stroll to success.
Significant Resource UpgradeArgonaut
Myanmar Metals (MYL) released a resource upgrade for the Bawdwin polymetallic deposit in Myanmar (51% MYL).
Already a Giant but Still GrowingArgonaut
Myanmar Metals (MYL) has discovered a new high-grade polymetallic lode at the Bawdwin deposit.
Drilling Highlights Resource Extension PotentialArgonaut
High grade intercepts outside of current resource: Myanmar Metals (MYL) reported first results from the current drilling campaign, highlighting high grade beyond the currently defined resource.
Compelling Starter PitArgonaut
Myanmar Metals (MYL) released a Scoping Study for a starter pit in the China Lode of the Bawdwin Project (51% MYL).
Great expectations from explorationArgonaut
Myanmar Metals (MYL) released an accelerated mine development plan for its Bawdwin Project in Myanmar (51% MYL, 49% local owners) outlining a 15,000m drill program and setting a timeline to complete feasibility studies, offtake and financing and requisite permitting.
Sizing up a World Class MineArgonaut
Myanmar Metals (MYL) recently conducted an $35m equity raising (at $0.06/sh) to fund the exercise of the Bawdwin mine option ($14.9m) and to complete feasibility studies.
Strategic alliance affirms asset qualityArgonaut
Myanmar Metals (MYL) is now fully funded to exercise its share of the Bawdwin
Resource upgrade - Option exercisedArgonaut
Myanmar Metals (MYL) and East Asia Power (Mining) Company Limited (EAP) have notified Win Myint Mo Industries Co., Ltd (WMM), the current holder of the Bawdwin Mining Concession, that they will exercise the option for respective 51% and 24.5% interests in WMM.
Government gives approval to exercise Bawdwin OptionArgonaut
Myanmar Metals has received advice from Myanmar Government authorities allowing the Company to proceed with its planned exercise of the Bawdwin Option.
Awakening a giant - InitiationArgonaut
Myanmar Metals (MYL) holds an option to acquire a majority stake in the Bawdwin Mine in Myanmar, which we regard as the best under-exploited polymetallic asset globally.
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Any views, opinions, forecasts or recommendations in any Reports are solely those of the Analysts and do not in any way reflect the views, opinions, forecasts or recommendations of MYL. MYL does not endorse the content of the Reports, nor does MYL make any warranty or representation as to the accuracy, completeness, currency or suitability of the content of the Report.
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Reference to 'MYL' means 'Myanmar Metals Limited' and all other related bodies corporate.