MGO 0.00% 14.0¢ marengo mining limited

dfs will be out next year, page-8

  1. 1,049 Posts.
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    i'm with AJ, i think people might miss the complexities of an EPC, th delay has been frustrating but nothing has fundamentally changed. Maybe soros is selling his holdings but if so, that would IMO make it harder for a takeover. I quite liked the thought of drilling omre of their leases. It is a very rich mineral area and another huge find is probable. 6.5 m pounds plus deep drilling resuls, plus huge unexplored areas, possible png got support, mine design, dfs, epc well on track. The time delay is a speedbump, but i want to see this through till production as does les, so i wasnt going to sell any for a few years anyway. Hopefully i can offload a couple of dogs in the next couple of months and buy more. i'm showing a paper loss on my holdings now, and if i had to sell short term i may be worried but long term it's looking better.
 
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