Ann: High-grade gold intersected at West Island (Cue JV), page-8

"EVN may make a low bid now"

Well that would not worry me Charty -at least it would start the ball rolling!

EVN are the logical acquirer of MGV given their JV involvement.

EVN EXPLORATION TRIVIA
Total Exploration spend FY21 = $52Mill
Total Exploration budget FY22 = $35-60 Mill (slightly less)
80% of budget "near operating mines" (from EVN 21 Annual Report)
therefore 20% is NOT "near operating mines" (eg including Cue JV)

Cue JV original Exploration budget FY22 = $5 Mill
Cue JV amended Exploration budget = $8-11 Mill(from Jan 22 MGV announcement)

So from the maths Cue JV exploration expend now planned to be around 20 % of EVN Exploration in 22 ( 9.5/47.5)

So it seems that EVN are spending all their not "near operating mines" FY22 budget on Cue JV.

Are they chasing WILD GEESE? I think not.

As i have said before, I eagerly await the results from the 5 diamond drills outstanding and further drill plans mentioned in the January 22 release!

Has been a frustrating stock for many holders (possible price manipulation), but i feel the dance will start soon!

GLTH