Interesting. At current gold price, the ebitda is $640 mill. Current market cap is $140 mill. Quite the disconnect there. This is before any uplift on conversion of drilling to oz's - which is on the cards.
If the share price does not rocket, then Mr Market is calling BS on the Musgrave story.
Interestingly, MGV dont need to do anything until end of 2023. Just release new resources at that stage. MGV in the short skirt on the side of the road, has just hiked the skirt up a little more looking to be picked up.
