MGV 0.00% 39.0¢ musgrave minerals limited

$15m cash, $11mc, 2 active drill campaigns, page-3

  1. 3,254 Posts.
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    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.
 
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Currently unlisted public company.

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