MGV 0.00% 39.0¢ musgrave minerals limited

Ann: Evolution signs $18M JV with Musgrave, page-31

  1. 409 Posts.
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    the share price doesn’t lie.

    Why would anyone take over a company for under 1m ounces?

    gcy werebuilding and operating a mine with a dud mine plan so not sure what you are getting at there.

    This is a gun gold market and these guys didn’t have the balls to raise their own money and drill the targets. Now we own 25% plus have to contribute once they spend the 18m (which is 5 whole years away!).

    Again I ask, why buy mgv right now? Share price a reflection of the level of interest. Instead of raising money and going hammer and tong at LA targets I guess we now wait until evn are good and ready sometime in the next 2yrs I guess
    Last edited by Grippon: 23/09/19
 
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