MGO 0.00% 14.0¢ marengo mining limited

dfs will be out next year, page-7

  1. 29 Posts.
    this announcement to me is very positive though dissapointing from timing.I still dont know why the DFS will change anything from what we already know ie massive resource, great partner and funding being sourced. Most DFS are done with out funding discussions even commenced.
    The appointment is smart and extremely good news - there are thousands of companies worldwide dealing with delays finalising reports from engineers and feasibility studies due to this massive resource boom - it has nothing to do with the company or management.
    Anyhow last placement was at 25c to the majroity shareholders who continue to support the stock and its story - the price if continues down will be re-entry for many large players that missed out last time or a top up.
    biggest threat is takeover to early for long term shareholders
 
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