I doubt they can keep the time line as Chinese involved. Now adays, no more golden touch by Chinese as they are playing tricky games everywhere especially, they are the one who provide the money for the project. Example of SDL. How many months behind because of Hanlong and Chinese Banks. MGO is good for long term stock because they have huge resources and very profitable project but we have to be very very patience like we invest in the Housing Market. Definitely, they will develop the project or MGO will swallowed by big fish one day before they starts mining. So, only suits for whoever not in hurry to get return in the short period. I guess, 3-5 years time frame investment time line apply to MGO.
MGO Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held