MGO 0.00% 14.0¢ marengo mining limited

im buying on the bell. this one will run all week with the...

  1. smm
    550 Posts.
    im buying on the bell. this one will run all week with the instos realising this one is going into production and there wont be as large cap raisings if starter pit provides good cashflow and ability to secure debt finance.

    this news is absolutely fantastic. the tone of the whole document indicates that they are geared up for mining. the report talks more about mining strategies than exploration. although they did say they have much more mineral resource that needs more drilling to be jorc compliant.

    all good. no negatives. im buying on the bell and holding for the PFS in 6 weeks.
 
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