basic comparison between mgy and syr - mgy 60c, page-3

Correct me if my calculations are wrong.

MGY shares 157,000,000 Price 0.10c

SYR 125,000,000 Price $2.39


If you work out the share price for a MGY share at the same number of SYR shares you would have a pric of approx 0.13.
Which a lot of people here are equating to a quarter share of Molo.
So 0.13c x 4 = 0.52c if we had 100% Molo.

Trying to balance the SYR and MGY investments as of now. Not including MGY other tenements and free carry on Molo for now.

Both prospects excellent.


MGY = 0.52c SYR = $2.39.

I know it is very rough.

RAB