Australia's largest stock trading and investment forum Australia's #1 stock forum

MZN

Click for more information

0.00%

8.0¢ marindi metals limited

Ann: Hundreds of Gold Nuggets Recovered from Belary Dome, page-56

First 56 Last

Share
Profile

Follow
Mudcrabber

605 Posts.

89

13/06/18

02:11

Post #: 33666898
Share

Originally posted by Lemand ↑

Big difference between ARV and MZN is that MZN has good relations with Novo. I believe that there is a very good chance that Marindi will do a JV with Novo for the Bellary Dome tenement. A requirement would be that Novo put in a considerable amount of money to drill the Bellary formation in the hunt for widely disseminated fine gold. Novo has the funds and the expertise to start a massive drill program on Marindi's tenement. Marindi now has two potential catalysts that can catapult its marketcap to much higher levels: the probable Novo JV for the Bellary Dome project, and the Forrestania lithium-gold drilling program

ARV management on the other hand has ruined its chances to work out a fair deal with Novo. As a result Novo has put and will be putting in the bare minimum amount of work necessary to keep 50% of the JV tenements. Much to the chagrin of ARV shareholders and management Novo's focus has shifted away from Purdy's towards Comet Well, and I will leave it to you to figure out who is to be blamed for this.

Hint: It isn't Quinton Hennigh

Expand

Where do you get that story from because it's new to me Lemand.
Please don't say stockhouse or that ceo crap is where you get your opinions from.

MZN Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

HotCopper Highlights: Your most watched stocks for Week 46, 2024

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 29 more messages in this thread...

First 56 Last

Add MZN (ASX) to my watchlist