article in the australian today

There could be great uoside to MGY in the next few months.

In other African developments:

* Malagasy Minerals (MGY) seems to have withstood the political upsets in Madagascar, and now is to begin drilling at its Vohibory copper-zinc-gold-silver project. Meanwhile, at its Ampanihy project geochemical work has produced nickel-copper-cobalt indicators; at one area within this concession vanadium and manganese mineralisation has also been identified. A number of other companies have found it all too hard in Madagascar, but MGY is hanging in there. After all, it remains one of the great under-explored parts of the world