With $2m cash.....not needed at the moment....but the drilling is aggressive...I like it....who cares if they hit a duster here and there the region is well and truly proven...
Golly, would I want an ear to howl in about it being funded only by major holders......I would also wan't to fund it when it's needed....
We will all get that chance I am sure of it.....top 5 all big reputable holders....no mates rates here....looks solid as a brick....and especially with the assistant money scandal of which only part funds have been recovered....their processes will be of the highest order
In most cases I hate CR, but in this case we have time on our side.....and aggression in drilling expenditure is welcome....and by the way admin costs have been significantly reduced as well lately
MGV Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held