MGV
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0.00% 39.0¢ musgrave minerals limited

1. Will MGV have time to build a mill and be producing ore...

  1. JP87
    99 Posts.
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    09/06/23
    18:53
    Post #: 68224204
    1. Will MGV have time to build a mill and be producing ore before the recession? I'd say no meaning they won't have positive cash flow on their balance sheet before market corrects (cash flow is king in a recession

    2. nobody talks about/factors in the price of gold when cost adjusted for inflation, meaning gold still has a way to go before hitting the highs of 3 years ago.. check the ASX All Ordinaries Gold chart (AXGD) it shows the producing miners aren't hitting their highs either..

    Hope that helps
    MGV Price at posting: 31.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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