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2.7¢ goldoz limited

Ann: Mustang Secures $19.95m Funding From Institutional Investor, page-95

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Larkin

1,121 Posts.

65

12/01/18

11:05

Post #: 30251396
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Originally posted by Davisite ↑

I agree that Arena will be ruthless in making money, but I suspect that they will go about it differently this time. They can’t liquidate this amount of capital on market unless there is something very major coming through. To get the SP up and sustained they are going to need real results - if they manage that we will all be happy.

I have thought for sometime that the rubies will be hived off and MUS will concentrate on the graphite, but Arena’s involvement makes me wonder if that is the plan now. I think we are going to have to hear from the new MD to know what the plan will be.

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If they shift focus to the graphite, ill be very skeptical of their motives for this company.

Graphite is a long play and needs a lot of cash. So many players way ahead & the board has no experience in this type of mining.

Rubies is fast cash - if they get it right and get a good sales result now it can turn around.

MUS Price at posting: 3.1¢ Sentiment: None Disclosure: Held
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