MGV 0.00% 39.0¢ musgrave minerals limited

Ann: Quarterly Activities & Cashflow Report, page-56

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  1. 1,292 Posts.
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    The difference with DEG is shares on issue. If MGV get to $1b that would be a SP of circa $2.10 - three times the growth from here. With a better location, no refractory ore, shallower mine, and plenty of drilling/results to come, I see this as potentially likely to reach this price (pending T/O), as mining in this place will be very very profitable (particularly if gold prices remain high).

    All my thoughts.
    Last edited by LJohn: 31/07/20
 
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