MGV
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0.00% 39.0¢ musgrave minerals limited

My view based on very rough calculations: 690k ozs at...

  1. AlexanderJ
    4,002 Posts.
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    11/11/20
    18:26
    Post #: 48806369
    My view based on very rough calculations:

    690k ozs at AUD$2500/oz = AUD$1.725 billion
    AISC for high grade ore, extracted and processed, say AUD$800/oz
    Net profit possibly AUD$925m
    Plus upside from additional exploration continuing
    Plus EVN JV results - not yet published

    Happy to receive comments from those with relevant knowledge.

    GLTAH
    MGV Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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