from stock head today...
"This lucrative partnership with Evolution has landed Musgrave on the radar of various analysts, including Argonaut’s Eddie Rigg who has pinpointed the company as a potential takeover target.
Argonaut has raised its valuation to 40c, implying 82% upside on the current share price, and rated Musgrave a speculative buy.
It’s probably not surprising the haste at which Evolution has completed the earn-in given the pace at which new high-grade gold discoveries continue to be made."
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