$15m cash and now an mc of $9.68m. It's impossible to say if it can go any further down as the festering and contaminating Greek crisis is now all-pervading. It's like a smothering glob. I find it quite unbelievable that the impact is so massive.
Anyway, it's still a speckie, but one with amazing potential I would submit, having regard to the prospective ground (and heaps of it), the fact most of it has not been explored and the experienced corporate support underpinning it.
It has to be a buy, even in this climate. Plus 2 drilling programmes happening right now.
MGV Price at posting:
8.0¢ Sentiment: LT Buy Disclosure: Held
