Greater than $500 million most likely. This is why HC - MGX investors be patient on what we do with our existing cash. In a years time we could have close or over a billion in the bank. Then we talk what we can buy with this cash. MGX buys an existing profitable base metal company - its earnings straight to the bottom by maintaining our existing shares outstanding this baby could be another LYC and rocket over $6.00. If no purchase next year or the following then 2 things will happen either go on share repurchase program and or higher dividend payout. Macquarie already slated MGX next year with a dividend payout of 7 cents. DYOR - I have already.
MGX Price at posting:
86.5¢ Sentiment: Buy Disclosure: Held
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