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39.0¢ musgrave minerals limited

So what are your thoughts on the oppies that were issued to the...

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Nebett

2,437 Posts.

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11/12/20

13:22

Post #: 49513052
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Originally posted by RoyE: ↑

Money is always needed. We are all aware that in the future MGV will need more than what they are currently raising. Does this means that they should try to raise $200 million as this is what will be need ultimately to do all the drilling, build mine etc?? Raises have to be done incrementally and no one knows what will happen in the future. When the MGV price was $0.60 do you think Rob knew that Trump would lose election/COVID vaccine would be found and gold price would fall? Did he know exact size of revised resource? Do you think Rob Waugh is God who knows everything? As for starting mining now, this is a crazy idea, as I posted before there is a process, you obviously don't know even the basics about how mining works. I'm glad you are not our 'more aggressive management' as you mentioned in one of your earlier posts, I'd be selling in a hurry of you were!

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So what are your thoughts on the oppies that were issued to the directors (@93c) when the SP was circa 60c and things were moving in an upward trajectory?

MGV Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
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