decent size resource, consolidation has to happen (I hope), EVN could make a move (I understand some think otherwise) and MGV has genuine chance to be a low risk producer due to high enough grade of the resource.
Biggest risk for new producers is when they try to mine low grade deposits but they have no experience how to do it or they underestimate how precise the operations have to run in order to stay on the right side of the fence.
In MGV's case the grade has enough fat to allow some initial hiccups and still make profit.
just my views.
Ann: Company Presentation - RIU Explorers Conference, page-6
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