MGV 2.74% 35.5¢ musgrave minerals limited

Ann: Trading Halt, page-5

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  1. 196 Posts.
    lightbulb Created with Sketch. 7
    Hey Lads, yep its Patto's, by all accounts he's chasing $1.5-$2million at $.075
    I'm taking the opportunity to double my holding (hopefully), I wont be turning them over either, I really like the way this is shaping up and can see great upside.
    Putting the drilling together tells me a very profitable pit is an absolute gimme.
    Will very likely go underground as well but that wont be for a couple of years I'd think, would need to get the pit pretty much knocked off before starting a decline.
    I haven't done a thorough analysis (and don't really have the time) but I can see some extremely attractive metrics on this operation.
    It will surely contain enough to get Silver Lake's mill up and running and feed directly into that.
    I can see MGV being a cash cow in a fairly short period on just what is now available to mine.
    Very interested to see what comes next.
    DYOR etc etc
 
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Currently unlisted public company.

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