MGO
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0.00% 14.0¢ marengo mining limited

MahagonyIf everything goes as planned MGO would own 70% of...

  1. bsredoje
    2,824 Posts.
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    22/02/12
    08:19
    Post #: 9730103
    Mahagony

    If everything goes as planned MGO would own 70% of copper output not 100% so reduce your SP prediction for 1/3 stright away.Then debt,tax,possible future CR.......etc

    Re SP will spike after resource update & DFS but some may be dissapointed by how much and would probably settle down not far away from current levels.MGO is still a long way from production so 40c resistance will be hard to break.
    MGO Price at posting: 24.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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