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04/07/23
14:27
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Originally posted by Jacko22:
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Be no point WB upping his offer to $.35c when the RMS offer is currently sitting at $.36c. Would have to be higher and probably closer to $.40c inclusive of part cash. Anyway, would seem there may be some bad blood between WGX and MGV given the verbal tone from WB when he went to mkt with the offer and accused MGV of leaking it beforehand. Maybe it had something to do with WGX pulling their sub holder position back in 2019/20 just when MGV started hitting bonanza grades and was looking for someone to help drill out the Lake. Anyway, WGX would have been in the box seat if they stayed but I understand they needed the cash more at the time. Easy to say in hindsight, I know, but it's highly unlikely to get at MGV now even if they do up the ante. As an MGV holder I'd love for WB to play chicken with RMS just to bump up the price! Love TO's...
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Ah well, that was short lived