MVL 0.00% 0.6¢ marvel gold limited

Ann: Project Partners complete product due diligence-GPX.AX, page-28

  1. 5,935 Posts.
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    just remembered what i saw the other day, for any of you worried about the mining licence....

    the below is an extract from the most recent research report (link at the bottom also)..... i assume they have interviewed company reps for their research....

    Action and Recommendation
     GPX is trading at a 70% discount to our 6-12 month A$1.37 mid case price target and RMR is initiating with a speculative buy on the back of the granting of the mining license (December Quarter 2016), compelling financial metrics, the likelihood of further JORC Resource increases and the conclusion of offtake and funding negotiations with CNBM and China Gold.


    This definitely moves away from the reported August date.... Just thought it might give a few of you a little more comfort...


    http://www.graphexmining.com.au/wp-content/uploads/2016/08/0036.pdf

    (on bottom of first page)
 
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