The report earlier this month stated a LOM on Koolan of 3 years which would take us to April 2027.
Estimates in this forum of the cash position when mining is exhausted on Koolan range from $1 billion to $1.2 billion . . . which equates to about $1 per share.
Report after report state that MGX is intent in staying in the bulk base metals business.
Report after report state that MGX is examining several paths, including several juniors that MGX already have a financial interest in and which MGX also see as having growth potential. MGX are also actively exploring several sites in the mid west of WA in the Mullewa area.
MGX Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
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