MGV 0.00% 39.0¢ musgrave minerals limited

Ann: Regional drilling hits more high-grade gold, page-58

  1. 3,055 Posts.
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    This from RMS yest. Starlight may be a touch smaller but grades should be similar and you'll get a lot more via open pit for Starlight IMO. It does give you an indication of costs and value.. Add ~$80m NPV to convert to spot ($350/oz x 238kox) gives you ~A$300m NPV pre-tax.

    Not holding atm but going off the above it seems starlight underpins current val and you get free upside from BoD regiional exploration, Lake Austin JV and Mainland. Good buy.

    https://hotcopper.com.au/data/attachments/2636/2636871-b69b82d71b107b648ab1413aac84c012.jpg
    .
 
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