management have good trqck record with Nova
as mentioned 3 projects with good historic grades. limited exploration. results and further drilling soon after listing. and an unbelievably low EV of $600k. Its the lowest Ive ever sen and leaves plenty of upside nd limited downside even after they use some cash for drilling. After all, juniors usually run in latter phases of drill campaigns as results approach. MMG should have a staedy stream of newsflow regarding results and new drilling campaign initiation and milestones.
from the sounds of things here it seems a very tight book with most investors peripheral to the company limited to spread?
IPO - Monger Gold Ltd - 8 June 2021 #, page-50
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