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0.00% 39.0¢ musgrave minerals limited

Agree, it is the shallow, free milling oxide that is valuable to...

  1. Lithos
    892 Posts.
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    07/06/23
    12:11
    Post #: 68172175
    Agree, it is the shallow, free milling oxide that is valuable to Westgold. The underwhelming 30 cps is just the opening salvo, but WGX were smart to wait for RMS to committ elsewhere. A$400-450m market cap (with some exploration upside built-in granted), I would say is the outcome in a US$2,000/A$3,000 per oz framework.
    MGV Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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