Apart from some indications of copper, all they have is sand at the moment- (about 5% of south australia's sand to tell the truth!) Their cash position is dwarfed by their land size, so I can see an aggressive exploration chewing through a heap of cash before they settle down on something and attempt to produce an income- let's hope they can announce some good jorcs before having to top-up I will get back in soon, but can see this tread water til more material resulted are announced Bottom drawer- the grandkids will love you for it.
MGV Price at posting:
8.5¢ Sentiment: LT Buy Disclosure: Not Held