MGV 2.74% 35.5¢ musgrave minerals limited

Ann: Placement & Share Purchase Plan to raise $3.6M, page-2

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  1. 275 Posts.
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    SPP. Nice - I like SPPs.. I know they mess with the market for awhile as they await the final amount subscribed, but most complaints I hear are from the stockbrokers doing the placements as they earn zero on an SPP and it means they have to work a little harder to do any associated placement.

    I'm in. Bring down my cost base and the company has added serious value since I first invested - now at 100%, good gold Resource with nice recoveries, lots of corporate development options with nearby mills and the potential for an economic gold Resource if some of this drilling comes up trumps.

    Thoughts?
 
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Currently unlisted public company.

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