Thanks Von - you are correct!
Means that the 18% dividend/capital return/etc goes to 9%!
AGC will likely be mostly owned by current MAG holders anyway via their priority entitlement for new AGC shares.
Looking forward to the DD14 results (next week is mid-October so almost there) - RC10 hit plenty of mineralised sections and some with ore grades.
Hopefully one good long section from DD14 but either way, they're closing in on the source.
Cheers,
GB.
Ann: Magmatic to demerge Moorefield project and IPO, page-124
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