20c. Have noted before the similarities between this and TYC in its day. We all now how that went for those who held on to the end. This could well do the same if there is an opportunistic bid... there would have to be interested parties given how cheap the company is.
MGO are moving things along quickly and there should be a lot of news next year including a completed PFS. Hopefully we should be at 1bn tonnes by then.
Should also be getting further results soon... I emailed Les Emery a few weeks ago with some queries and he did say that some results from Omora and Imbruminda should be released in the next few weeks. There are delays at the labs though... but every mining company has to put up with that.
MGO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
