MAU reported it has 1.9 million ounces and growing. If they built their own plant for $100 million the returns to shareholders would be enormous.
Why share it with other producers.? The Gold Price now is around $3,500.00 an ounce.Aus. do the figures and only 250 million shares on issue.
ICYMI: Magnetic Resources @ Diggers, page-8
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Mkt cap ! $348.0M | |||
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