MGV 0.00% 39.0¢ musgrave minerals limited

Ann: Evolution signs $18M JV with Musgrave, page-28

  1. 408 Posts.
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    this poor deal is reflected in the sinking share price. I guess you get that if you give away 75% of your exploration upside. Why on earth would you buy mgv now?

    why did mgv not extract some cash from evn? I know they bought shares but that caah should have been handed over as part of the deal.

    This is is a raging bull gold market and we would have been able to raise the money piece of pie. this is lazy by management.

    I am selling ASAP
    evolution got a very good deal here. I very much like this project. I bought it for exploration upside which is now gone. The deal doesn’t even take us to development! Absolute disgrace
 
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