Bit risky? Ethiopia already has a modern gold mine called the Lega Dembi and Sakari which is +3Moz and Megado has premium land position along strike to the the north and south of that deposit mentioned. So yeah DYOR before throwing stuff out like that.
Also Dr Chris Bowden was responsible for the discovery and drilling of the initial 1.5 Moz Dish Mountain Gold Deposit in West Ethiopia. So Id say I think management are more than competent
7 mill EV, more drill results due soon. Bargain at these levels below IPO
MEG Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
