number 1 share holder

Whilst George Sorro is the most notable figure on MGO's Share Register, his is only the second top holder with circa 19%, the Number one holder with circa 22% is Sentient Group. It is worth getting an understanding of this company and strategy to see if they align with yours.

About Sentient -

"Sentient's professionals have long experience in the natural resources and investment industries and possess a combination of skills covering geological exploration, commodity analysis, political risk, capital markets, financial structuring and portfolio management.

Investors in Sentient's funds are institutional investors typically representing university endowment funds, corporate pension funds, family offices and resource industry participants. The global spread of investors complements Sentient's global mandate."

The Sentient Group | Investment Strategy

"Sentient is a development investor. Its ultimate objective is to participate directly in underlying metal, mineral or energy projects. However, it will take equity placements in listed companies that are the majority owners of an asset as part of its overall strategy. As a matter of policy, Sentient does not make hostile acquisitions. Sentient also invests in refinancing and expansion opportunities at existing operations that have the potential for further growth. Projects are expected to be low cost and profitable across the business cycle and offer commensurate returns for the risks involved. Sentient typically seeks potential high return projects with companies that have committed and talented management.

Sentient invests its investors' capital in a step by step manner in line with the capital needs of the project through its development and commissioning phases. Sentient has the ability to invest capital directly from the funds it manages, or on a larger scale through co-investment with investors in the Sentient funds where the opportunity warrants it.

Sentient expects to hold its investments for periods of up to 5 years and seeks to have a significant but minority position in each of its direct investments. Investments are structured according to the individual project and company circumstances.

Sentient is an engaged investor and is actively involved with management through board representation. Sentient monitors the performance of its portfolio companies through frequent communication with management and regular analysis of monthly financial and operating results. Sentient is able to provide advice regarding financial matters, including the evaluation and implications of acquisition and divesture opportunities, strategic and long-term planning, and refinancing options."


I feel very comfortable in my decision to buy MGO and will continue to add when the opportunity presents.

I think its a countdown now before MGO takes off.


IMHO


Oscar