MGO marengo mining limited
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ev / resource comparison

  1. Adequate
    1,273 Posts.
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    04/10/10
    07:33
    Post #: 7275392
    Hi folks,

    One element I appreciated in the most recent MGO presentation was the comparative analysis between Marengo and its peers in the copper space.

    Simply put, MGO has the 5th largest JORC compliant cu resource of ASX listed companies, yet is valued at 22nd on enterprise value per pound of cu.

    This major pricing disparity will be corrected by the market.

    Also of note, MGO will most likely overtake PNA and OZL in terms of resources when the upgrade is announced shortly.


    Check this out:




    MGO Price at posting: 16.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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