Thanks for your updates Oscarone - tomorrow looks like an interesting day for MGO. I suspect the Quarterly is being held back for the Ramu decision, as a negative ruling may be news for MGO, whereas a positive outcome will be business as usual.
The 27 June 2011 presentation did not indicate an expected timeframe for the DFS. It did however note drilling would continue throughout 2011, suggesting resource upgrade(s) are expected in H22011. Whether these are a catalyst for increases in the sp are not IMO a given, as MGO already has a huge resource.
MGO Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held
