MGV 0.00% 39.0¢ musgrave minerals limited

Ann: Results of Meeting, page-5

  1. 2,903 Posts.
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    IMHO due to the constant stream of good drilling results the broader market was expecting a resource significantly higher than 659,000 oz i.e closer to 1 million oz, so that put the skids under the SP. Nothing is sure until the JORC is released. Hopefully the drilling programme is planned to be JORC compliant.

    I am holding and expect the price to stabilize around the 40 cents mark and then move up on new and favorable drilling results. Lets hope all new results translate into more resources.

    https://hotcopper.com.au/data/attachments/2665/2665804-410280a04a32664ef87983b75c887211.jpg

 
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