MGV
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0.00% 39.0¢ musgrave minerals limited

Ann: Quarterly Activities & Cashflow Reports, page-2

  1. onway8
    402 Posts.
    lightbulb Created with Sketch. 38
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    28/01/22
    14:32
    Post #: 59193745
    The Mineral Resource estimate (Indicated and Inferred) at the Cue Project currently stands at:
    • 6.4Mt @ 3.2g/t gold for 659koz of contained gold

    Uses half of the Resource estimate to calculate,
    Current POG in Aus$: 2550
    We get 2550*659/2=840M
    ====================
    Issued Shares: 537M
    Current share price: $0.30
    ====================
    Market Cap: 161M
    Seriously underestimated share price?!
    MGV Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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