Hi Strauss, You are totally correct regrading the current focus...

Hi Strauss, You are totally correct regrading the current focus on Gold.

Their MD stated "We want to see Musgrave as more of a development company and not just an explorer".......that Cue farm-in project puts them smack in the middle of proven producers on a proven shear.

However my posts on Musgrave province and Cobalt, serve only to outline the well endowed prospectivity of the region where they have a very large landholding. It's a kicker to the gold.

You are also correct on MGV being a serial under-performer, and I expect that to change with the directional change of the business to aggressively focus on the farm in project which contains not only great gold prospects, but also Copper and shallow high grade zinc.

On all fronts lots of investment is required and eventually raising money. Though the structure is tight, and shares on issue are small. Cornerstone holders are significant.