MGV
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2.74% 35.5¢ musgrave minerals limited

Based on a rough valuation of the existing JORC gold and silver...

  1. 043110
    905 Posts.
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    09/06/16
    22:49
    Post #: 18001147
    Based on a rough valuation of the existing JORC gold and silver indicated resources and reserves, i get a $5.5M valuation (excl the $2M cash they have right now).

    That's excluding the copper, inferred resources which might upgrade to indicated, and any upside from further drilling.

    Worth a punt for me right now - kinda devo i sat and watched the rise but didn't buy in
    Last edited by 043110: 09/06/16
    MGV Price at posting: 8.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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