MGV 0.00% 39.0¢ musgrave minerals limited

Personally, (and I might be shot down in flames) but from some...

  1. 481 Posts.
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    Personally, (and I might be shot down in flames) but from some very experienced guys and broker notes I’ve seen mention 900,000-1.1m ounces. (Existing Jorc plus starlight, velvet and white light)This Jorc will not include the regional exploration targets which still need further drilling.

    id rather have a conservative number and keep my Expectations in check then be shouting 1.5M oz + at this stage and then it come in lower and folks are upset. With further drilling on regional targets + some more exploration success I’m sure we could push much higher, but this takes time. Management have alluded to Fingal as an analogue which is extremely exciting

    my main expectation out of this Jorc is getting a high grade Jorc. Margins margins margins is what it’s about, this is shallow and high grade. With time ounce adding is obviously the end game.

    just my 2c at this stage

 
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