This is not good news - it's brilliant news! Interesting trading today. Obviously many traders trading the news and then taking positions again at lower prices. Would not be to concerned with activity over next week or so. Will see some further insto's taking positions for this story to properly unfold. Confident we will see excess 30 cents sooner rather than later. Although just a MOU, it has substantially de-risked project for it to move forward with confidence. Outstanding buy at current level.
MGO Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held