IGR own 4.5%, 5,500,000 shares of Musgrave Minerals which was floated out from Mithral a couple of years ago. At 8 cents it's worth a grand total of $440,000 today. As well as the stake in SAU, the MGV stake will also transfer to SLR upon completion of the merger. It has a big holding in the Western Musgrave, as well as some big partners, Barrick, Goldsearch, Independence, and Argonaut. Who knows, something big might be discovered there and another little asset added to the SLR portfolio.
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