MGO 0.00% 14.0¢ marengo mining limited

pathetic australian investors, page-36

  1. 294 Posts.
    Small turn around today. I think this project will eventually be bought by Chinese. A couple of hundred million $ is loose change for a Chinese company. Their mate Michael will give them a good tax holiday like the Ramu Nickel project next door. Don't forget the Mo grade is quite high and each 100ppm Mo is equivalent to 0.1%Cu. Mo content is worth $9B.
 
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